🌳 TREE/USDT Attempts to Stabilize After Brutal Sell-Off — Reversal Loading? ⏳
Treehouse ($TREE) has been on a rapid descent since peaking above $0.70. But on the 15-min chart, bulls are showing the first signs of life near the $0.445 support zone — is a bounce imminent or just noise?
📉 Chart Overview (15M):
Current Price: $0.4527
MA 7: $0.4520 (just reclaimed)
MA 25: $0.4473
MA 99: $0.4505
🔍 What We’re Watching:
Bullish Hint: Short-term moving averages (MA 7 and MA 25) are converging tightly near price action — this could be the calm before a reversal.
Resistance to Beat: $0.4620 and $0.4880. A clean break could shift short-term momentum back to buyers.
Support to Hold: $0.4420 — a fall below could reopen the path to $0.425 or even lower.
⚠️ Trend Bias:
Still clearly bearish on higher timeframes, but short-term structure is improving. Look for volume confirmation — no volume, no victory.
💬 Are we looking at the bottom for $TREE or just another trap in disguise?