š $PLUME /USDT ā Consolidation at Support | Breakdown
$PLUME is trading at $0.02060 (+2.23%) as price holds above the recent local low. After the sharp pullback from $0.02277, the chart is showing a sideways consolidation within the Bollinger Bands, hinting at a potential volatility squeeze.
š 4H Technical Snapshot
Upper Band: $0.02191
Middle Band: $0.02083
Lower Band: $0.01976
24H High: $0.02120
24H Low: $0.01950
š Market Structure
After a strong move to $0.02277, PLUME cooled off with multiple red candles, but buyers stepped in at the lower band with a clean bounce toward $0.0206.
This behavior shows that demand exists at the bottom range, keeping the market in accumulation
š§ Sentiment
Current sentiment is cautiously bullish as price recovers from the lower band with a green bounce. Short-term traders will be watching for a break above the mid-band to confirm momentum.
