$TREE — BREAKOUT SIGNALS AHEAD, EYES ON THE NEXT LEG UP
$TREE has just broken free from its descending trendline, hinting at a strong bullish reversal. With its recent Bithumb listing pulling in a massive $267M in 24h volume, momentum is building for a sharp move. Chart structure points towards a potential 25%-30% surge, with buyers eyeing the 0.50–0.56 zone as the next big target.
Trade Setup (Long):
Entry Zone: 0.4000 – 0.4150
Take Profit 1: 0.4800
Take Profit 2: 0.5200
Take Profit 3: 0.5600
Stop Loss: Below 0.3800
Market Outlook:
Bullish sentiment is supported by breakout confirmation and higher low formations. Sustained buying above 0.4200 could trigger acceleration towards mid-0.50 levels. Watch for volume spikes — they could ignite the rally.