Treehouse (TREE) Whale Candle Analysis & Trade Plan
Current Price: Approximately $0.41. CoinGeckoCoinMarketCap
Candle Behavior & Whale Activity
TREE crashed ~46% shortly after launch due to heavy selling from an airdrop. CCN.com
Recent charts show oversold tail in RSI rebounding—suggesting potential bottoming dynamics and buyer interest returning. CCN.com
Volume spikes during rebound moves indicate institutional-sized purchases amid accumulation.
Possible cup-and-handle structure is forming: the cup’s base near ~$0.47 and handle pullback around $0.41 suggests a compressed consolidation phase. Handling formation projected target ~$0.75. CCN.com
Trade Plan
Bullish Entry: Accumulate between $0.40–$0.42 (bottom of handle).
Stop Loss: Below $0.38 to limit downside if handle fails.
Take Profit Targets:
TP1: $0.50 (initial swing + channel breakout).
TP2: $0.60–$0.75 (cup target projection).
Whale Watch Signal: A breakout candle above ~$0.44 with rising volume—this often means large wallets are triggering the next move.
