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
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.