PLUME - Plume Network Daily Chart

Plume Network (PLUME/USDT) on the 1D Heikin Ashi chart is currently trading at $0.17229, showing a modest gain of +1.05%.

The market is consolidating just above a critical demand zone around $0.155, which has acted as a floor multiple times, marked by CHoCH (Change of Character) events.

The price action remains range-bound between the $0.15 support and the $0.19–$0.20 resistance area, with weak bullish attempts failing to break the overhead structure.

A key observation is the bullish divergence forming on the Stochastic RSI — while price has retested the lows, the oscillator is curving up from oversold territory.

This suggests potential exhaustion in bearish momentum. Volume remains relatively low, indicating sellers are not aggressively pushing lower, which further supports the likelihood of a short-term bounce.

If bulls can hold the $0.155 support and push past the minor CHoCH resistance, the next target could be the $0.20 zone, followed by a breakout toward the $0.247 weak high.

On the downside, a breakdown below $0.155 would expose the next major support around $0.1086 (marked as Weak Low), which could trigger a steeper correction.

Overall, the market shows early signs of a potential reversal, but confirmation is needed via a strong bullish candle and a volume uptick.

SQRB $100K on PROBIT
$RNB $310K
$HTS $1.9M
$STBU $3.5M
LAND $3.6M

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Not for Financial Advise
DYOR