$TREE – Recovery Bounce After Sharp Drop: Is a Reversal Brewing?

$TREE just printed a strong recovery wick after a sharp sell-off near the $0.3800 zone, showing signs of demand returning. Price is now consolidating just under $0.3950 with small bullish candles, suggesting potential for a reversal if it breaks above $0.3980. However, caution is advised unless volume confirms the move.

Trade Setup (Spot/Futures):

• Entry Zone: $0.3920 – $0.3950

• Target 1: $0.4010

• Target 2: $0.4080

• Stop Loss: Below $0.3875

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