🌳 $TREE /USDT – @Treehouse Official Bullish Breakout Setup in Motion! 🚀
📈 Price: $0.4141 (+5.75%)
🔥 After a strong move from $0.3963 to $0.5063, TREE is cooling off and consolidating — the bulls may be loading up again for the next leg.
📊 Trade Setup:
🔹 Entry Zone: $0.412–$0.416
🔹 Breakout Trigger: Watch for a strong candle close above $0.420 with rising volume
🎯 Targets:
• TP1: $0.439 – Local resistance zone
• TP2: $0.463 – Mid-range from the last spike
• TP3: $0.500+ – Retest of previous high ($0.5063)
🔻 Stop Loss: $0.390 – Below last support and structure base
📌 Technical Outlook:
• Massive volume spike on initial move: 3M+ in this 30m frame
• Pullback showing signs of exhaustion with potential reversal candles forming
• MA(5) and MA(10) tightening — prepping for momentum shift
💬 Market Sentiment:
$TREE explosive breakout to $0.5063 drew eyes — and now the retrace is offering a second chance entry. Momentum traders are eyeing the $0.42 breakout level for confirmation. Once breached, this could escalate quickly.
🧠 Smart Trading Tips:
• Set alerts around $0.420
• Consider scaling out at targets
• Trail stop once TP1 is reached to protect gains
📣 Don’t chase — plan the breakout, trade the confirmation.