🌳 $TREE — Bearish Turn or Just a Pause?
$TREE is starting to show signs of weakness after its recent run-up. But what’s really going on?
🔍 Here's What We’re Seeing:
Selling pressure is increasing near key resistance zones
Price action is stalling, possibly signaling a cooldown or reversal
Bulls are struggling to break out momentum is fading
🌳 Market Snapshot
📉 Currently Trading: $0.43
The chart is showing signs of hesitation — but here's what to watch next:
🎯 Key Targets Ahead:
Immediate Resistance: $0.48
Next Bullish Target: $0.58 — If volume steps in, this level is within reach
Major Breakout Zone: $0.65+ — A clean flip of this
range could open doors for a trend shift
🛑 Support Levels to Watch:
Short-Term Support: $0.45 — Holding this keeps bullish hopes alive
Breakdown Risk Zone: $0.42 — Losing this level could trigger deeper downside
🧠 Key Questions:
Is this just healthy consolidation before the next move up?
Or is $TREE entering a bearish phase due to profit-taking?
📉 Watch the volume and support levels closely — a breakdown could confirm the bearish outlook. But if it holds, a bounce may still be in play.