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PLUME's recent market movement is like a seed breaking through the soil. The price, which had been dormant at a low of $0.01729 for a long time with hardly anyone paying attention, suddenly saw a surge of buying pressure. It shot straight up to a high of $0.01950, then slightly retraced to $0.01947, but still gained 7.45% intraday. The 24-hour trading volume exceeded 7.48 million USDT, with a turnover of 414 million—such explosive volume is not accidental, clearly indicating that large funds have completed accumulation at low levels and are now pushing the price up with full force. The seven-day cumulative increase is 12.03%, showing a very strong bullish breakout.
From an operational perspective, do not chase the high now. Wait for a pullback to the $0.01850-$0.01900 range; entering with small positions will be more prudent. The first target is $0.01950, the second is $0.02000, and if it can break through the previous high, there is room for $0.02050. Set your stop-loss at $0.01800; once it falls below this level, the short-term upward trend is likely to weaken.
Looking at the current pattern, this is a typical signal of low-position funds concentrating their efforts. As long as it stays above $0.01800 without falling below, the bullish logic remains intact. There is no need to participate in short positions in this situation; contrarian trading will only lead to quick losses. Patience for a low-entry opportunity is the safest way to better grasp this wave of upward movement.
The seed just sprouted, don't rush to chase, let's see what happens next.
This volume explosion... the big fish have finished eating, retail investors should wake up.
I will run if it drops below $0.01800; I don't play this kind of speculative coin game.