🌳 $TREE / USDT – STRONG RECOVERY SIGNAL AFTER SHARP DIP
$TREE has staged an impressive rebound from the 24H low of $0.4730, reclaiming the $0.52+ zone with convincing volume strength. Following a sharp pullback from $0.6072, bulls have stepped back in, igniting a strong green candle on the 15M chart—a potential signal for the next leg up.
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📊 Quick Snapshot:
Current Price: $0.5277 (+8.47%)
24H Range: $0.4730 – $0.6072
Volume: 107M TREE traded
Rebound Level: Strong bounce off sub-$0.50 support
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🔑 Key Technical Zones:
Support for Re-Entry: $0.5150 – $0.5200
Resistance Levels: $0.5400 → $0.5800
Breakout Trigger: Break and hold above $0.5600 confirms bullish continuation
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📈 Market Insight:
After a wave of profit-taking, buyers reasserted control with force. The recovery candle from under $0.50 suggests confidence is returning. If $0.5150 holds, this could mark the beginning of round two for a potential breakout.
> ⚠️ Watch closely: Sustained volume and a move above $0.5600 could accelerate bullish momentum and retest the recent high near $0.6070.
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