Price is testing a rising trendline that has held strong since late June. Previous bounces from this level (🔴 arrows) led to significant upward moves.
Volume shows accumulation near this trendline, and the WT_CROSS indicator is near oversold, hinting at a possible bullish bounce.
If support holds, we could see a short-term reversal back toward the $0.10–$0.11 range.
🕵️♂️ Watching closely. Trend support remains key.
Disclosures:
This analysis is for informational purposes only and is not financial advice. It does not constitute a recommendation to buy, sell, or trade any securities, cryptocurrencies, or stocks. Trading involves significant risk, and you should consult with a qualified financial advisor before making any investment decisions. Past performance is not indicative of future results.
#PLUME #CryptoCharts #Altcoins #MEXC #TA #RWA
Volume shows accumulation near this trendline, and the WT_CROSS indicator is near oversold, hinting at a possible bullish bounce.
If support holds, we could see a short-term reversal back toward the $0.10–$0.11 range.
🕵️♂️ Watching closely. Trend support remains key.
Disclosures:
This analysis is for informational purposes only and is not financial advice. It does not constitute a recommendation to buy, sell, or trade any securities, cryptocurrencies, or stocks. Trading involves significant risk, and you should consult with a qualified financial advisor before making any investment decisions. Past performance is not indicative of future results.
#PLUME #CryptoCharts #Altcoins #MEXC #TA #RWA
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