$TREE holds steady at $0.366, consolidation phase in play
TREE (TREE) is currently trading around $0.366 after a rebound from the $0.345 level. On the 15-minute chart, the price shows a clear sideways consolidation phase, fluctuating mainly between $0.360 – $0.370.
Over the past 24 hours, TREE dropped sharply to $0.345 but quickly bounced back, highlighting solid buying support. The sideways movement near the top suggests that buyers are in control, while sellers remain cautious.
🔑 Key support: $0.355 – $0.345
🔑 Resistance: $0.370 – $0.375 (a breakout could push towards $0.390)
Trading volume has slowed, indicating the market is waiting for the next decisive move. RSI hovers around 55 – balanced with plenty of room for upside momentum.
Will TREE break above $0.370 to kickstart a new rally, or continue consolidating before its next major move?
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