$TREE
has just crossed a major milestone, surpassing $500 million in Total Value Locked (TVL) — leaving traders wondering if this marks the start of a long-term rally or just a short-lived pump.
Key factors to watch:
Price Action: TREE jumped over 30% to $0.60 on August 1 before slipping to $0.53 due to profit-taking. The chart hints at a possible cup-and-handle formation, which could push the price toward $0.75 if buying pressure builds.
Binance Integration: Binance now accepts TREE as collateral for loans, which could boost demand and liquidity — but might also cause sharper price swings.
Airdrop Selling Pressure: A $750,000 airdrop to ETH stakers triggered a 42% drop after listing. Upcoming token unlocks could add more selling pressure.
Some analysts see short-term price movement between $0.285416 and $0.39162, with potential ROI ranging from 11.39% to 54.99%. Longer-term forecasts remain bullish, projecting highs up to $1.772235 and lows around $0.285416.
With the current price at $0.363406 — up 14.08% this week — monitoring market momentum and risks will be key.
Buy and trade $TREE now.