🚀 $PLUME — Bottom Formation in Progress! Bulls Watching Closely ⚡️
$PLUME is showing signs of a potential reversal after a steady decline, with key indicators hinting at a constructive bottoming pattern.
⸻
🔍 Market Outlook
On both H4 and H1, price action is shaping a Double Bottom near the $0.0215 zone, a classic pattern often associated with early trend reversals.
• Selling volume has tapered off, showing weakness from the bears.
• RSI is printing bullish divergence, climbing up from oversold territory.
• Price is attempting to reclaim the EMA 10, which could act as an early signal of recovery momentum.
If this structure continues to hold, $PLUME may work its way toward the next resistance levels.
⸻
📊 Key Levels to Monitor
• Interest Zone: $0.021 – $0.022
• Upside Levels: $0.0228 / $0.0231 / $0.0241
• Invalidation Area: A breakdown below $0.0205 would weaken the Double Bottom thesis and signal potential downside continuation.
