🌳 TREE/USDT Efforts to Stabilize After Strong Sell-off — Is a Reversal Forming? ⏳
Treehouse ($TREE) has experienced a significant slowdown since reaching a peak of $0.70. However, on the 15-minute chart, buyers are starting to show the first signs of recovery around the support level of $0.445. Is this a chance for a bounce back or just a “noise” before further declines?
📉 Chart Overview (15 minutes)
Current price: $0.4527
MA 7: $0.4520 ✅ just reclaimed
MA 25: $0.4473
MA 99: $0.4505
🔍 Points of Interest
Bullish signal: The short-term MA lines (MA 7 and MA 25) are converging closely with price action — typically a sign of a strong volatility move about to occur. If volume increases alongside a breakout of resistance, the likelihood of a short-term reversal will be higher.
Resistance to overcome:
$0.4620 — the first barrier to change the downward momentum.
$0.4880 — breaking through here, buyers may regain short-term advantage.
Support to hold:
$0.4420 — breaching this level could reopen the path to $0.425 or lower.
⚠️ Overall Trend
On larger time frames, the trend still leans toward a decline. However, the short-term structure is showing signs of improvement. Nevertheless, one important condition must be met: confirmation by trading volume. Without new money flowing in, any bounce back will only be temporary and easily pushed down again.
💬 Conclusion
$TREE is in a tug-of-war between long-term selling pressure and short-term recovery efforts. If you are watching to catch a reversal, pay close attention to price reactions at $0.4620 and $0.4420, while monitoring volume to avoid falling into a “technical bounce trap”.