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🚨 $PLUME currently in the middle of the support and resistance zone!
After rejecting the 0.014 level once again on the daily time frame despite a beautiful breakout attempt, $PLUME is now trading in the middle of the 0.011 to 0.014 range that has been building for around 45 days.
At this point, there are only two possible scenarios for $PLUME
• Return toward the 0.011 support before aiming for the 0.018 - 0.022 range
• Or directly break above 0.014 and move toward 0.018 without another deep retest
After two previous rejections, I personally think a direct breakout is possible. I do not believe $PLUME necessarily needs to revisit 0.011, but this level still remains a very important demand zone.
One thing is certain:
If $PLUME comes back around 0.011 again, be ready. I do not think the price would stay there for very long 👀

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