On this 15m PLUME/USDT chart, the setup is clearer than the 1D view: price is in a short-term battle zone.

Current picture

Price: 0.01252

Recent high: 0.01295 → got rejected there

Support area: 0.01235 – 0.01240 (price bounced near this zone)

Resistance area: 0.01262 – 0.01277, then stronger resistance at 0.01295

What I see

Price pulled back after hitting 0.01295

It bounced from the MA(99) around 0.01240, which is a decent short-term support

But sellers still dominate:

Order book shows roughly 71% sell pressure vs 28% buy

Price is still under MA25, so momentum is not fully bullish yet

Most likely next move

Short-term likely scenario:

Small bounce attempt toward 0.01262 – 0.01270

If rejected there again → likely revisit 0.01235 / 0.01223

So right now this looks more like: bounce inside a range, not a confirmed breakout.

Key levels to watch

Bullish only if:

Candle closes above 0.01277

Stronger confirmation above 0.01295

Then target could be 0.0131+

Bearish if:

Break below 0.01235#ArthurHayes’LatestSpeech #

Then likely move to 0.01223 or even 0.01201

Simple trading idea

Aggressive buy: near support 0.01235–0.01240, tight stop below 0.01223

Safer buy: wait for breakout above 0.01295#