PLUME: Bounces From $0.01210 Toward $0.01300

PLUME bounced swiftly from below $0.01210 after the weekend rally and now targets the $0.01290-0.01300 zone for resistance, according to Michaël van de Poppe. A support-resistance flip at $0.0122-0.0124 would open the door to fresh highs in the weeks ahead.

Price sits at $0.01 where the EMA50 and EMA200 converge at identical levels, creating a concrete long-term support floor. The neutral RSI at 49.91 leaves room for continuation while the MACD death cross flags near-term pressure. Trading inside the Bollinger Bands with both bands pinned at $0.01 signals volatility exhaustion, so a test of the upper band resistance at $0.01 before any deeper pullback to the 50-EMA remains the base case.