$TREE /USDT based on the data provided:
$TREE /USDT – BULLISH MOMENTUM BUILDING ABOVE SUPPORT
Current Price: $0.4796
24H High / Low: $0.4992 / $0.4535
Volume (24H): 57.64M TREE | 27.35M USDT
Key Technical Levels
Resistance Levels:
$0.4990 – Recent swing high and breakout level
$0.5200 – Psychological resistance + next fib target
Support Levels:
$0.4600 – Local support and structure zone
$0.4535 – Daily low, key level for bulls to defend
Trend Indicators:
MA/EMA: Price trading above key moving averages
Bollinger Bands: Squeezing, possible breakout soon
MACD: Bullish crossover building
SAR: Dots below price – bullish signal
Trade Setup – Long Position
Entry: $0.4780 – $0.4800 (confirmed above MA support)
Take Profit Targets:
TP1: $0.4990
TP2: $0.5200
TP3: $0.5450 (if momentum continues)
Stop Loss: $0.4530 (below 24h low & support)
Risk Management Tip
Risk only 1-2% of your capital. Adjust position size based on stop loss distance. Use trailing SL if price crosses $0.4990 to lock profits.
Conclusion:
$TREE/USDT is showing bullish momentum with rising volume and support from indicators. A breakout above $0.4990 could trigger a strong upward move. Trade with discipline and follow your plan.
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