$PLUME printed a strong push into the 0.0181–0.0182 zone, but that move was clearly rejected with force, followed by a sharp bearish candle. This shows aggressive selling pressure and confirms that the recent upside move was a liquidity grab, not sustainable demand.
PLUME
0.0173
-7.43%
#
After the rejection, price broke below the short-term structure and is now trading weak near 0.0172, indicating sellers remain in control. The structure favors continuation to the downside, especially if price fails to reclaim the rejection zone.
This is a classic spike → rejection → breakdown setup, which offers high-probability short scalps when patience is applied.
📌 When would trend change?
Only if $PLUME reclaims and holds above 0.0179–0.0181 with strong volume. Below this zone, shorts remain cleaner.
🔽 Short Scalp Trade Signal
Entry Zone: 0.0177 – 0.0179
TP1: 0.0172
TP2: 0.0169
Stop Loss: 0.0183
Leverage: 20x – 50x
Margin: 2% – 5%
Risk Management: Move stoploss to entry once TP1 is hit
Short #PLUME Here 👇👇