$TREE /USDT - Volatile Correction, Bearish Risk Dominates
Treehouse (TREE) currently trades at $0.4619, up roughly 2.4% in 24 hrs on heavy volume following post-launch airdrop pressure-typical of early token behavior. The price recently fell from its launch highs (~$0.60+) and remains below key resistance.
Key Levels:
•Support: ~$0.46-$0.47 pivot, deeper support near $0.35-$0.36
•Resistance: ~$0.60 cluster and breakdown point of the earlier spike.
Forecast & Pattern:Technical analysis shows a confirmed cup-and-handle formation -the projected target is $0.75 if resistance breaks.However, CoinCodex forecasts a decline to $0.3430 (~-25%) by ~Sept 3, 2025, driven by bearish sentiment and neutral Fear & Greed index (~53).
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