Jul. 24 at 2:11 PM
$PLAG $PPLAG,
Structure: Attempting to form a low base after collapsing from above
$2.00 toward
$0.50. The recent rebound is supported by increasing volume, but price remains dramatically below every major moving average.,
Momentum: Improving rapidly from deeply oversold levels; still highly speculative and vulnerable to failed-breakout volatility.,
Support:
$0.66–0.68, then
$0.58–0.60 and
$0.50–0.52.,
Resistance:
$0.75–0.80, then
$0.95–1.00 and
$1.20.,
Bias: Speculative bullish reversal attempt within a major downtrend. Holding
$0.66 keeps the bounce active; reclaiming
$0.80 would be the first credible higher-high confirmation.
