Plume (PLUME) is currently trading at $0.138374, showing a 24-hour decline of 1.16%. The price has fluctuated between a daily high of $0.142373 and a low of $0.130282, indicating a daily range of 8.8%, which reflects some volatility in the market.

The trading volume over the last 24 hours is approximately 38.57 million, representing 11.45% of the market cap, suggesting a moderate level of trading activity relative to the size of the market. Moving averages indicate a slight upward trend with the 8 SMA at $0.1336 (+3.58%) and the 13 SMA at $0.1362 (+1.58%), while the longer-term averages are showing less momentum.

The 1-hour RSI stands at 44, indicating that PLUME is nearing oversold conditions, while the 7-day RSI at 50 suggests a neutral stance over the past week. However, the 7-day price change of -11.57% and the more significant declines over 14 days (-19.38%) and 30 days (-20.45%) highlight a downward trend that could be concerning for short-term traders.

Given the significant distance from its all-time high of $0.247537, reached in March 2025, current price levels indicate potential for recovery but face strong resistance. While there is some positive movement in the short-term moving averages, the overall trend remains bearish, and the negative price changes over multiple timeframes suggest caution.

Based on the analysis, a **Hold** rating is recommended for PLUME. This stance is due to the current oversold conditions indicated by the RSI, combined with the recent volatility and lack of strong upward momentum, suggesting that investors should wait for a clearer bullish signal before considering additional positions.