Plume has already broken through the previous high point, and the structure has undergone a transformation. The position of the red line in the chart is where the trading volume was the highest before the breakout, so there will definitely be some major force placing orders here.

Observing the Fibonacci retracement, 0.196 is also at the Fibonacci 0.5 level, which is another key support level.

With the resonance of these two indicators, attention can be paid to the wave #plume .