$PLUME is exhibiting a high-risk bearish divergence on the 4H timeframe. Despite 89 whales being in profit with a massive unrealized PnL of +$4.1M, the Notional Long/Short ratio is dangerously low at 19.48%. On-chain net sell volume of 43.49K is currently outpacing buy volume. The price is struggling to hold the EMA(7) at 0.01516, suggesting a breakdown toward the recent lows is imminent as whales begin to lock in profits.

PLUMEEthereum
PLUMEUSDT
0.01438
-6.07%

The Trade:

Entry: 0.01520 - 0.01525 (Current Market Price)

Take Profit (TP): 0.01460 (Near recent 24h low)

Stop Loss (SL): 0.01565 (Above 24h high resistance)

Leverage: Low to Mid (5x - 10x due to high volatility)

Risk Warning:

Scalping is high risk. Whale profit-taking can cause rapid slippage. Use strict SL.