$PLUME

PLUME
PLUME
0.01332
-1.11%

What the chart is showing

Strong uptrend: Price has moved sharply from ~0.009 → 0.014+ (big rally).

Multiple “S” markers near the top: Indicates repeated selling pressure / rejection.

RSI ≈ 76: That’s overbought territory → often leads to pullback or consolidation.

Price near recent high (0.01425): This is a resistance area.

Candles showing upper wicks: Buyers are getting rejected at higher levels.

What this means for selling

This is not a good place to buy (too extended).

It is a reasonable place to take profit, especially if:

You bought lower (0.010–0.012 range)

You’re in short-term spot trade

Scenarios

1. Conservative approach (safer):

Sell partially now (50–70%)

Keep some in case of breakout

2. Smarter approach (confirmation-based):

If price fails again near 0.0142–0.0145 → sell

If price breaks above with strong volume → hold

3. Risk sign to watch

If it drops below ~0.0130, likely pullback toward:

0.0120 (support / MA area)

My honest take

Momentum is still bullish, but late stage of move

Better to secure profit than chase more upside

NOTE : DYOR