$PLU Potential Gem
Price Structure & Key Targets:
Current consolidation near historical support levels
Key resistance levels identified at $2.60, $4.30, and $7.00
Low market cap suggests potential for increased volatility
Technical Considerations:
RSI showing oversold conditions below 30
Low trading volume may amplify price movements
Historical price data suggests strong reactions from current levels
Risk Factors:
Significant technical damage from recent downtrend
Limited liquidity could affect entry/exit execution
High volatility expected in either direction
Trade Setup:
Primary resistance: $2.60
Secondary target: $4.30
Extended target: $7.00
Suggested stop loss: $1.00