$PLUME’s “Bullish Peanut” to Explode? 25x Leverage & Crypto.com Rumors Ignite Frenzy

• PLUME’s “Bullish Peanut” pattern, with a sharp breakout and symmetrical triangle, signals potential upside.
• Targets: $0.33421, $0.38137. Volatility expected post-breakout. Binance Futures listing (25x leverage) and Crypto.com listing rumors fuel PLUME’s momentum, increasing liquidity and visibility for the RWAfi-focused token.
• PLUME, a Layer-1 blockchain using LayerZero’s OFT, aims to bridge Real World Asset Finance (RWAfi) with DeFi, driving its current market interest.

Traders are closely following PLUME after the token formed a distinct “Bullish Peanut” pattern. In the 4-hour chart, the token remained in a tight zone, followed by a sharp upward move, resembling that of a peanut. This notable breakout indicates strong buying pressure.

At present, PLUME has entered into a subsequent symmetrical triangle formation, a continuation pattern. A breakout above this triangle suggests the potential of further upside movement. Key support level lies at around 0.19804. Potential price targets or resistance levels are at $0.33421 and $0.38137.

$PLUME's "Bullish Peanut" to Explode? 25x Leverage & Crypto.com Rumors Ignite Frenzy 3

While technical analysis paints a bullish outlook in the short term, traders should also brace for potential price volatility after a breakout from the symmetrical triangle. It is therefore prudent to exercise caution and consider broader market conditions when investing.

Plume’s RWAfi Fuel Momentum

The analysis comes amidst growing interest surrounding the token, fueled by recent announcements. This includes the integration of PLUME by Binance Alpha and the launch of perpetual contracts on Binance Futures (with up to 25x leverage). There are also rumors of a potential listing on major exchanges such as Crypto.com. All these moves can inject substantial liquidity, visibility, and greater momentum to the token’s price.

At this moment the chart looks really good. $PLUME team doing so well in bringing the token to the front line. You can now amplify your trading potential with up to 25x leverage!  This is injecting serious liquidity and fueling the growth of RWAfi. If that wasn’t enough of a bullish event to push the token to the 0.30-0.35 zone, whispers are circulating about a potential listing on @cryptocom.

Plume network is a Layer-1 blockchain that is focused on bringing Real World Asset Finance (RWAfi) into the decentralized finance (DeFi) space. Powered by LayerZero_Core’s OFT standard, the protocol aims to go omnichain and enable secure, seamless movement across all supported networks.