After a strong rally from $0.0720 โ $0.1035, $PLUME is now showing clear weakness ๐ฎโ๐จ
Price is trading near $0.0846 (-11.55%), and the structure is shifting bearish with repeated lower highs ๐
๐ป Sellers are dominating, and bulls are struggling to push back. This looks like a classic short continuation setup where fading bounces gives high R:R opportunities.
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๐น Resistance Zones (Sell Walls):
$0.0890 โ $0.0912 โ Nearest supply zone
$0.0980 โ $0.1035 โ Strong rejection zone (where dump started)
๐น Support Levels (Targets):
$0.0845 โ Immediate support
$0.0773 โ Strong demand zone
$0.0720 โ Key baseline of the previous move
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๐ Entry Plan for Traders:
โ๏ธ Short pullbacks into $0.0865 โ $0.0890
โ๏ธ Or short breakdown below $0.0845 with strong volume confirmation
๐ฏ Targets:
TP1 โ $0.0820
TP2 โ $0.0773
TP3 โ $0.0720
โ Stop Loss: $0.0915 (above nearest supply)
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โก Market Outlook:
$PLUME is under pressure, and each bounce is being sold off aggressively ๐จ. If bears maintain momentum, a flush toward $0.0773 and even $0.0720 looks highly possible. Smart traders will short the rallies and ride the breakdowns with tight risk control.
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ishTrend #ScalpTrade #CryptoAnalysis #RiskManagement
