$TREE – BEARISH RETEST IN PLAY, DUMP AHEAD?
PRICE REJECTED FROM KEY SUPPLY ZONE. STRUCTURE REMAINS BEARISH.
After a sharp drop followed by a weak consolidation, $TREE is showing signs of a bearish retest near the $0.5004 resistance. Price briefly pierced above but failed to hold, indicating possible exhaustion of buyers. With lower highs and continued pressure below $0.5157, the setup favors another leg down. A potential short entry is forming around the rejection zone.
SHORT ENTRY: $0.5004
STOP LOSS: $0.5157
TARGET: $0.4414
A breakdown from the current structure could accelerate downside momentum. Watch for confirmation below $0.4752.
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