币界网报道:EVM-compatible blockchain Plume [PLUME] made news today after it announced a partnership with World Liberty Financial (WLFI), a company that has close ties to U.S. President Donald Trump. The strategic partnership aims to accelerate the expansion of WLFI’s stablecoin USD1. As part of the collaboration, the USD1 stablecoin will be integrated as a reserve asset for Plume’s on-chain stablecoin pUSD. This integration could open up new avenues for market participants who want to gain access to institutional-grade real-world asset (RWA) financial opportunities. The announcement was made late in the evening of July 01. On Wednesday, July 02, PLUME gained 17% on the day. With a market cap of just $209 million, it doesn’t take a lot of capital to push the price higher. Therefore, traders should be wary of predicting a top too early or attempting to short too soon. PLUME flips $0.1 level as support but gets rejected at the June supply zone Plume has managed to break its 1-day market structure. This market structure breakout occurred on July 01, highlighted in white. While the 1-day internal structure is bullish, it is important to note that the coin has been trending southwards since May. In fact, its swing structure remains bearish. To understand the next resistance zone, a set of Fibonacci retracement levels have been plotted based on PLUME’s swing movement over the past two months. The $0.158 and $0.181 levels are the 61.8% and 78.6% retracement levels to watch out for. Meanwhile, the bearish order block at $0.123 from June 10 was tested as resistance on July 02, where Plume bulls faced rejection. They don’t have to worry for too long, though. OBV has broken above the local highs from June, indicating an increase in demand in recent days. The volume bars bear out this fact. The RSI has also climbed above the neutral 50, indicating a shift in bullish momentum. At press time, Plume’s indicators and price action are in line, suggesting that further gains are likely in the coming weeks. Investors can bet on a continued recovery, while traders can consider buying PLUME as long as it trades above the psychological $0.1 level. Disclaimer: The information provided does not constitute financial, investment, trading, or other type of advice and is solely the author’s opinion