PLUME -8.95% in 24 Hours Amid Volatile Short-Term Corrections

On SEP 5 2025, PLUME dropped by 8.95% within 24 hours to reach $3.359, PLUME rose by 99.49% within 7 days, rose by 99.49% within 1 month, and dropped by 1073.81% within 1 year.

The recent sharp 24-hour decline in PLUME marks a temporary correction following a significant upward momentum in the preceding week and month. Despite the single-day dip, the asset has demonstrated strong short-term performance, with nearly a 100% gain over the last seven days and an identical increase over the past 30 days. This suggests that the drop is part of a broader consolidation phase rather than a structural downturn.

PLUME has seen rapid accumulation of buying pressure in the short term, which was evident in the 99.49% surge over the past month. However, the recent 24-hour correction signals a possible pause in this trend as traders take profit or hedge against potential overvaluation. Analysts project that the market is testing key psychological and technical thresholds, which could determine the next phase of PLUME’s trajectory.

The 12-month performance, by contrast, remains deeply negative, with a cumulative drop of over 1,000%. This stark divergence between long- and short-term trends highlights the high volatility inherent in the asset class. While the short-term rally has rekindled investor interest, the long-term bearish bias remains intact. Market participants are closely watching whether the recent gains can be sustained or if the asset will revert to its long-term downward trend.

The 7-day and 1-month gains suggest a short-term reversal pattern is in play, with PLUME bouncing from a prior support level. However, the steep decline over the past year implies that long-term holders are still at a significant loss. The market appears to be in a phase where short-term bullish momentum is clashing with long-term bearish fundamentals.