Plume (PLUME) Bullish Price Structure, Support and Resistance

PLUME market structure, key levels, and derivatives interpreted from closed daily data, and explaining its behavior relative to the broader crypto market.

As of 2026-08-30 | Symbol PLUME | Last closed price 0.01458
Last closed price
0.01458
Closed daily candle only, no live price.
365 day range
0.00851 to 0.14094
Based on the last 365 closed daily candles.
Key levels (55D)
0.00961 / 0.01578
Support is lower, resistance is upper.

Price Position and Structural State

Plume (PLUME) closed at 0.01458 USDT on August 30, 2026, up 2.89%. The asset now sits in a bullish structure. Price entered this structure after closing above 55-day resistance at 0.01434 USDT on August 21, 2026. Current 55-day support is near 0.00961 USDT, with resistance near 0.01578 USDT. A daily close below MA14 at 0.013726 USDT would weaken the regime and shift price back into sideways.

Breakout Context: 89-Session Compression

Plume spent about 89 sessions consolidating below the 0.01434 USDT resistance level before a breakout closed above it. This confirmed the bullish structural transition. The extended compression period shows sustained pressure at the resistance level, where repeated attempts failed until buyers took control and pushed the price higher.

Moving Averages and Trend Context

PLUME is trading above all key moving averages. MA9 at 0.014044 USDT stands as the first moving-average support area to watch. Price sits 21.43% above MA50, within its historical distance range of -63.58% to 41.06%. The moving-average structure is aligned without showing extreme extension.

Trading Friction and Price Efficiency

PLUME shows high trading friction, with a 3-day friction score of 23.3. The score combines price progress, wick rejection, and volume confirmation. Recent candles show contested movement, with weak price progress or heavier wick rejection. In this condition, moves near support or resistance carry less weight until price closes more cleanly.

Open Interest, Funding, and Positioning

Open interest increased +0.38% in one day, showing some leverage entering the market. OI sits near the middle of its 60-day range, so the move adds leverage from a normal base rather than from a stretched one.

Funding is positive on the 24-hour average at +0.005000%, with the 7-day average also positive at +0.005000%. This shows sustained long-side cost pressure across both short and medium windows.

The long/short ratio is 1.14, showing near balance between long and short accounts. It sits near the middle of its 60-day range, so account-side positioning looks balanced.

Correlation, Beta, and Index Relationship

PLUME shows a moderate relationship with the broader crypto market (Sigloid Index). Correlation indicates partial co-movement with the index, while R² suggests that index behavior explains only part of its movement. This means broader market direction has some influence, but asset-specific factors remain important. Over the 30-day window, the relationship is stable. Over the 60-day window, the relationship is stable. Over the 180-day window, the relationship is stable.

Correlation, Beta, and R² by Window
Relationship metrics compare this asset with the Sigloid Index across closed daily data windows.
WindowCorrelationBetaRead
30D0.3130.5850.098Moderate linkage
60D0.3950.770.156Moderate linkage
180D0.4280.8450.183Moderate linkage

Momentum, Volatility, and Indicator Pressure

PLUME's volatility profile is controlled rather than stretched. ATR% reads 9.04, near the lower side of its full historical range. Bollinger Band width% reads 28.75, near the lower side of its full historical range. 20-day Volume Z-score is -0.37. Range expansion is not leading the setup right now.

Momentum is stronger. RSI is 61.80, ROC14 is +14.89%, and MACD histogram is positive. These readings point in the same direction: upside pressure is active across momentum and multi-day acceleration.

The read is still incomplete: momentum is improving, but volatility or participation has not confirmed the move strongly enough.

Broader Market Regime

The Sigloid Index remains in a bullish regime, showing broad strength across the market. PLUME has a moderate link to that market condition, so market strength can still influence price behavior, while asset specific factors also matter.

Key Levels for the Next State Change

For PLUME, the next structural shift depends on key levels. Staying above MA14 at 0.013726 USDT keeps the current trend intact. A daily close below MA14 would weaken the structure and push price back into a range, while a confirmed break below 55-day support at 0.00961 USDT would establish a bearish regime.

Plume (PLUME) Historical Chart and Market Context

Sigloid historical research chart

This chart gives a historical research view of the asset, including daily price, ATR%, Bollinger Band width%, distance from moving averages, historical open interest, funding, historical long/short ratio, and rolling correlation, beta, and R² versus market benchmarks.

Chart Description

The Plume (PLUME) chart includes historical daily price data, RSI, MACD, moving averages, distance from key moving averages, ATR%, Bollinger Band width%, volume, open interest, funding, and long/short positioning. It also adds structural and statistical context, including 55-day price range position and historical range positioning for ATR%, Bollinger Band width%, open interest, and long/short ratio across 30-day, 60-day, 90-day, 180-day, and full-history windows. In addition, it provides multi-timeframe rolling correlation, beta, and R² versus the Sigloid Index, Bitcoin, and Ethereum, helping evaluate trend structure, volatility conditions, derivatives positioning, and broader market relationships in a single research view.

Data notes

Data source: Binance futures market data. Indicators use closed daily candles only.

Disclaimer: Research context only. Not financial advice. No prediction. Crypto markets are risky.

Research FAQ

Frequently Asked Questions

Short answers based on closed daily structure, volatility, derivatives, and Bitcoin relationship data.

What is the current market structure for PLUME?+

PLUME is currently in a bullish structure based on closed daily data. Sigloid treats this as an accepted move above the prior 55-day range until structure weakens.

What are the key support and resistance levels for PLUME?+

PLUME's nearest support is MA9 near 0.014044 USDT, while nearest resistance is monthly MA14 near 0.0324 USDT. These levels come from nearest daily moving average below price and nearest monthly moving average above price.

What would change the current PLUME structure?+

The bullish structure would weaken if PLUME loses its key moving-average base or closes back inside the prior range. A deeper defensive shift would need a close below 55-day support near 0.00961 USDT.

What do momentum and volatility show for PLUME?+

PLUME's momentum is mixed. RSI reads 61.80, ROC14 is +14.89%, while ATR% and Bollinger Band width% show the current volatility backdrop.

What do open interest and long/short positioning show for PLUME?+

Open interest and positioning show balanced participation. OI changed +0.38% over one day, while the long/short ratio reads 1.14.

How correlated is PLUME with Bitcoin?+

PLUME currently shows moderate linkage with Bitcoin on the 30-day window. Correlation is 0.32, beta is 0.74, and R² is 0.10.

Is Sigloid's PLUME analysis based on live price?+

No. Sigloid's daily PLUME analysis uses closed daily market data, not live intraday price. Live structure changes are tracked separately on the Live Events page.