$TREE just reached a big milestone: $500 million in TVL.
Traders are unsure if this is the start of a long climb or just a short pop.
Here’s why:
Price went up 30% to $0.60 on August 1, then pulled back to $0.53. The chart shows a cup-and-handle pattern, and $0.75 could come next.
Binance now accepts $TREE as loan collateral, which could increase demand but also add volatility.
A big $750K ETH airdrop caused a 42% price drop before. More token unlocks may cause more pressure.
Right now, $TREE is $0.3634, up 14% this week.
Short-term price may move between $0.285 and $0.39, but long-term targets are above $1.77.
$TREE’s fundamentals are strong, but the path may be bumpy.
Are you ready before the next breakout?
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