#TREE
📊 Technical Analysis: TREE/USDC
Current Price: $0.4379 (+2.96% in 24h)
24h Range: $0.4095 – $0.4449
24h Volume: 2.69M TREE
Market Outlook:
Trend: TREE/USDC is showing short-term bullish momentum after bouncing from the recent low at $0.3697.
Resistance Levels: First resistance at $0.4449 (24h high), followed by the recent spike zone near $0.5255.
Support Levels: Strong support around $0.4095; if broken, watch $0.3962.
Indicators:
RSI near 80 (overbought territory) – possible pullback or consolidation ahead.
MACD slightly bullish, confirming upward momentum but with limited divergence.
MA(5) vs MA(10): Short-term average above the long-term average, indicating continued upside pressure.
Conclusion:
TREE is testing local resistance with high RSI — bullish bias remains, but caution for a possible short-term correction. A confirmed breakout above $0.4450 could open the path towards $0.50+ targets.
