$TREE Recovery Attempt After Sharp Rejection
$TREE is trading at 0.4376, up +11.29% in the last 24 hours, recovering from the 0.3909 low. Earlier in the session, price spiked to 0.4727 before facing strong selling pressure, pulling back toward the mid-range. Currently, buy-side participation is at 39.26%, showing moderate accumulation but still under heavy sell pressure.
Long Entry Zone: 0.4350 – 0.4380
Stop Loss: Below 0.4300
Targets:
TP1: 0.4440
TP2: 0.4520
TP3: 0.4727 (24h high) if momentum strengthens
Trade Outlook:
If TREE can hold above 0.4350 and reclaim 0.4440 with increased volume, it could retest 0.4520–0.4727. Failure to sustain this support might trigger a dip toward 0.4260–0.4300 before another upward attempt.