$TREE USDT Rejection Reloaded — Is the Resistance Too Strong?
$TREE just tagged a major resistance zone near $0.4128 and instantly showed signs of rejection. After forming a double-bottom at lower support, this relief rally might be short-lived if it fails to reclaim the key zone above.
Bears are watching this level closely — and the price action is hinting at another drop.
Trade Setup – SHORT IDEA
Entry: $0.4060 – $0.4075
Stop Loss: $0.4128
Target 1: $0.3965
Target 2: $0.3900
Target 3: $0.3882
This is a classic lower high setup — if the rejection holds, a fresh leg down may be just around the corner.