PLUME: Trader Eyes $0.0117 Entry After Rally
PLUME at $0.01 as Michaël van de Poppe targets $0.0117 entry for 15-20% bounce after weekend surge, citing lower timeframe downtrend.
SourceAnalysis
PLUME posted a phenomenal weekend rally yet Michaël van de Poppe advises traders to stay sidelined, targeting an entry at $0.0117 for a potential 15-20% bounce while noting the lower-timeframe downtrend.
With price at $0.01 testing the upper Bollinger resistance while the MACD prints a death cross, a healthy retracement toward the EMA50 support at $0.01 appears probable before any continuation; the neutral RSI at 46.56 leaves room for that pullback without immediate oversold conditions. This setup aligns with recent PLUME price prediction discussions and PLUME token price history patterns observed over the past year.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast