$PLUME /USDT is currently trading in a short-term corrective phase on the 1H timeframe after failing to sustain above the 0.0163–0.0164 supply zone. The sharp rejection from that high shifted momentum into consolidation, with price gradually compressing toward the 0.0151 area. This behavior reflects post-impulse cooling, where sellers remain active near previous highs while buyers are cautious, leading to reduced volatility and tighter candles.

PLUMEEthereum
PLUME
0.01764
+15.21%

From a structure perspective, 0.0150–0.0151 is acting as a key intraday support and demand base. As long as this zone holds, downside risk remains limited and the market may attempt a base-building recovery. A clean reclaim of 0.0156–0.0158 would be the first signal of renewed bullish intent, opening room toward 0.0161 and 0.01635 again. However, a decisive breakdown below 0.0150 would invalidate the support and expose the price to a deeper pullback toward 0.0146–0.0144. Overall, #plume is neutral-to-slightly bearish in the very short term, but structurally still in a range-stabilization phase, not a full trend reversal.