$PLUME Bearish Pressure Builds as Breakdown Risk Looms Below Support Zone 📉

Trade Setup: Short

Entry zone: 0.01230 – 0.01240

TP1: 0.01210

TP2: 0.01185

TP3: 0.01150

SL: 0.01295

Price is repeatedly failing to reclaim higher levels and is now consolidating near the lower support band, indicating weakening bullish momentum. Sellers are gradually absorbing liquidity, increasing the probability of a downside expansion if support breaks.

Momentum structure on lower timeframes suggests distribution rather than accumulation, making a breakdown continuation more likely unless strong volume reclaim appears soon.

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