$TREE /USDT BULLISH ANALYSIS – POTENTIAL CONTINUATION AFTER CONSOLIDATION
Current Price: $0.5750
24h Change: +91.67%
24h High/Low: $1.50 / $0.30
Volume (TREE): 179.81M
Volume (USDT): 148.37M
KEY LEVELS
Resistance Levels:
R1: $0.8000 – Minor resistance from recent bounce rejection
R2: $1.0000 – Psychological resistance + historical breakout zone
R3: $1.4000 – Major resistance before local top
Support Levels:
S1: $0.5750 – Current price & potential short-term support
S2: $0.4000 – Previous breakout level, strong support
S3: $0.3000 – 24h low, critical support if sell-off continues
MARKET STRUCTURE
TREE has seen a massive breakout from $0.30 to $1.50, followed by a sharp correction back to $0.5750. This looks like a healthy pullback after a parabolic rally. With high volume and a potential consolidation forming above support, bulls may regain control if the $0.5750 level holds.
TRADE SETUP (LONG)
Entry: $0.5750 – current support
Stop Loss (SL): $0.4000 – below previous structure
Take Profit (TP):
TP1: $0.8000
TP2: $1.0000
TP3: $1.4000
> Risk/Reward: Favorable setup with nearly 2.5x reward on TP2 and 4x on TP3
Monitor for bullish engulfing candle or volume spike on lower timeframes before entry.
SUMMARY
TREE/USDT is in a strong bullish trend after a breakout from consolidation. If $0.5750 holds, expect a retest of $0.8000 and potentially higher levels. However, due to the volatility, use tight risk management and only enter on confirmation.
Let me know if you want the short setup or multi-timeframe analysis too.
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