$TREE /USDT, reflecting its current price action, trend strength, and a clear trade setup:
$TREE /USDT – BULLISH CONSOLIDATION NEAR RESISTANCE ZONE
Current Price: $0.4772
24h Change: +6.80%
24h High/Low: $0.4992 / $0.4438
24h Volume: 57.66M TREE | 27.15M USDT
Trend: Bullish (Moderate)
Date & Time: 2025-08-04 21:15 (UTC)
Key Technical Levels
Resistance Levels:
R1: $0.4807 (minor resistance)
R2: $0.4820
R3: $0.4992 (24h high & major breakout point)
Support Levels:
S1: $0.4713 (short-term support)
S2: $0.4659
S3: $0.4565 (strong base support)
Indicator Summary
MA/EMA: Price trading above short-term and mid-term averages, signaling a bullish trend continuation.
Bollinger Bands: Tightening slightly – indicates possible breakout buildup.
MACD: Bullish crossover is active – rising histogram supports positive momentum.
SAR: Dots appear below candles, confirming bullish trend.
Volume: Solid volume around resistance – shows interest at this zone.
Trade Setup – LONG POSITION
Entry Zone: $0.4720 – $0.4780 (prefer slight dip or breakout entry)
Targets:
TP1: $0.4820
TP2: $0.4990
TP3: $0.5150 (if breakout confirmed)
Stop Loss: $0.4590 (below support cluster)
Risk Management
Risk only 2%–3% of your trading capital.
Trail stop above breakeven after TP1 is hit.
Watch for fakeouts near $0.50, a strong psychological resistance.
Conclusion:
$TREE/USDT is in a healthy bullish phase, consolidating just below resistance. A break above $0.4820–$0.4992 with strong volume could trigger the next leg up. Ideal setup for momentum or breakout traders.
Let me know if you’d like this with a visual chart or want a lower timeframe (15m or 1H) entry analysis.
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