$TREE

The 4-hour chart for #TREE here’s a breakdown of the technical indicators and what they may suggest for a short-term price prediction:

📊 Current Chart Overview

Current Price: 0.4214 USDC

24h High/Low: 0.5255 / 0.3839

Recent Low: 0.3697

Volume Spike: Notable volume surge on the green candle indicates buying interest.

📈 EMA Indicators

EMA(9): 0.4140 (yellow)

EMA(21): 0.4189 (pink)

EMA(50): 0.4611 (purple)

Observation: Price is now above EMA(9) and EMA(21), which is bullish. However, it is still below EMA(50), which acts as resistance near 0.4611.

📉 MACD

DIF: -0.0118

DEA: -0.0193

MACD Histogram: Positive, indicating a potential reversal.

Interpretation: A bullish crossover is forming; MACD histogram has turned green, suggesting momentum is turning upward.

🔍 Stochastic RSI

STOCHRSI: 82.97

MASTOCHRSI: 91.62

Interpretation: These values are in overbought territory, suggesting a short-term pullback is possible.

🔎 Volume

Volume surged during the latest bullish candle but seems to be cooling off.

High volume during a green candle often suggests genuine buying interest, but the follow-up candles need to confirm strength.

📌 Key Levels to Watch

Support: 0.4140 (EMA9) and 0.4189 (EMA21)

Resistance: 0.4611 (EMA50), then 0.5255 (24h high)

🔮 Short-Term Prediction (Next 1–2 Days)

Bullish Scenario (Likely if price holds above EMA21 and buying continues):

Price could attempt to retest EMA50 (0.4611).

If broken with volume, a move toward 0.50–0.52 is possible.

Bearish Scenario (If overbought RSI leads to a pullback):

Possible dip toward 0.41–0.40 support zone.

Watch volume and MACD; weak follow-through could invalidate the uptrend.

🟢 Final Bias: Cautiously Bullish

Early signs of a reversal are showing, but the overbought RSI and EMA50 resistance mean caution is warranted.

Wait for confirmation with either a breakout above 0.4611 or hold above 0.41 before entering strong positions.