Market Overview for Plume/Turkish Lira (PLUMETRY) – October 13, 2025

• PLUMETRY traded in a tight range early, but a sharp selloff emerged after 21:30 ET, pushing the 24-hour low to 3.497.
• Volume spiked dramatically during the selloff with a $3.543 print at 09:00 ET, confirming bearish momentum.
• A key support level is forming at ~3.41–3.43 with Fibonacci retracement lines aligning to potential reversal zones.
• RSI shows oversold conditions, hinting at a potential bounce but with a high risk of further bearish continuation.
• Bollinger Bands are wide open, indicating high volatility, with price currently near the lower band.

Plume/Turkish Lira (PLUMETRY) opened at 3.539 on October 12 at 12:00 ET and closed at 3.422 on October 13 at the same time. The 24-hour high and low were 3.68 and 3.256, respectively. Total volume amounted to 10,082,995.0, while notional turnover (price × volume) reached ~$35,680,000. The price action displayed a sharp bearish reversal after a mid-day consolidation phase.

The 15-minute chart revealed a significant breakdown after 21:30 ET, with a large-volume candle at 21:30–21:45 ET printing a 3.533 low and a 3.526 close. This bearish momentum continued through the overnight session, with a large-volume print at 09:00 ET pushing the price to 3.41. A key support level appears to be forming at ~3.41–3.43, coinciding with a 61.8% Fibonacci retracement of the prior uptrend from 3.256 to 3.68.

Moving averages on the 15-minute chart indicate bearish bias, with the 20-period and 50-period SMAs both sloping downward. The 20-period line crossed below the 50-period line, confirming a short-term bearish crossover. On the daily chart, the 50-day and 200-day SMAs are still in a bullish alignment, but the price has fallen below the 100-day SMA, suggesting increasing bearish pressure in the near term.

MACD showed a bearish divergence during the selloff, with negative momentum increasing sharply. The RSI has fallen into oversold territory, currently around 25–30, which may signal a short-term bounce. However, given the strength of the sell-off, any bounce could be short-lived. Bollinger Bands are wide open, with price near the lower band, indicating high volatility. A move above 3.45 may bring a test of the 38.2% retracement level at 3.50–3.52, which could offer a potential reversal zone if buyers step in.