Is it finally time for a reversal or just another fake-out?
$PLUME is showing some signs of life after that nasty dip to 0.0089. We’ve seen a decent bounce back to 0.0094 but the 1-hour chart is struggling to hold its ground at these levels. The volume is sitting around 106M which isn't huge, but it's enough to keep the price moving. If we can flip 0.010 into support, we might actually have a trend shift. If not, we’re probably just ranging between 0.009 and 0.010 for a bit longer. I’m watching the 0.0093 level closely as immediate support. As long as we stay above that, I’m cautiously optimistic for a move back toward the local high.
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Is it finally time for a reversal or just another fake-out?
$PLUME is showing some signs of life after that nasty dip to 0.0089. We’ve seen a decent bounce back to 0.0094 but the 1-hour chart is struggling to hold its ground at these levels.
The volume is sitting around 106M which isn't huge, but it's enough to keep the price moving. If we can flip 0.010 into support, we might actually have a trend shift. If not, we’re probably just ranging between 0.009 and 0.010 for a bit longer.
I’m watching the 0.0093 level closely as immediate support. As long as we stay above that, I’m cautiously optimistic for a move back toward the local high.
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