You can! You are not required to purchase a hosting plan for each individual domain (though, if you have a reason to have totally separate hosting plans for each, you have the option to do so).
Just register the domain, and once that is complete, log in to your existing Plesk panel for hosting, and click Add Domain on the Websites & Domains tab.
In the Registered domain name box, put in the domain name you just registered. Adjust the other settings to suit your needs and hit OK. Done!
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