$PLUME closed 0.0128 yesterday. that's under the 0.0133 low from 25 aug, so the range it's been in since late august is broken on a closed candle.
timing is the part i keep looking at. three red daily closes in a row, 0.0141 down to 0.0128, and they started the day nOPAL got its kamino lending market. FACTOR (invoice financing vault, oversubscribed at $15M) went live the next day and it closed red again. the bybit earn listing on 27 aug actually printed the range high. the next two launches got sold.
volume on the red days was about average. no panic, and nobody stepping in to buy the news either.
supply still matters here. 6.4B of 10B circulating, vesting runs into 2028, fdv around $131M.
trading around 0.0131 now, still under 0.0133. daily close back above it and the breakdown was a fake, 0.0146 is the top again. stay under and the lower low stands. nothing from me until one of those prints.
timing is the part i keep looking at. three red daily closes in a row, 0.0141 down to 0.0128, and they started the day nOPAL got its kamino lending market. FACTOR (invoice financing vault, oversubscribed at $15M) went live the next day and it closed red again. the bybit earn listing on 27 aug actually printed the range high. the next two launches got sold.
volume on the red days was about average. no panic, and nobody stepping in to buy the news either.
supply still matters here. 6.4B of 10B circulating, vesting runs into 2028, fdv around $131M.
trading around 0.0131 now, still under 0.0133. daily close back above it and the breakdown was a fake, 0.0146 is the top again. stay under and the lower low stands. nothing from me until one of those prints.