š± $TREE /USDT ā@Treehouse Official Bullish Breakout Watch š±
š Current Price: 0.4205 USDT
š 24h High: 0.4727 | 24h Low: 0.4161
Market Sentiment:
After a pullback from the 0.4727 peak, price is consolidating above key support at 0.4161. This sideways structure could be a base for the next upward leg if buyers regain momentum.
The volume profile shows potential accumulation in this zone.
Key Levels to Monitor:
š¹ Support: 0.4161 (recent swing low)
š¹ Immediate Resistance: 0.4257
š¹ Breakout Level: 0.4380 ā 0.4400 zone
š¹ Major Resistance: 0.4727 (recent spike high)
Trade Setup ā Bullish Bias:
Entry Trigger: Break and close above 0.4380 with strong bullish volume.
Stop Loss: 0.4130 (below support & volatility buffer).
Targets:
šÆ TP1: 0.4500
šÆ TP2: 0.4630
šÆ TP3: 0.4727 (retest of high)
šÆ TP4: 0.4850 (extension level if momentum is strong)
Pro Tip: Watch for a surge in volume near 0.4380 to confirm genuine breakout interest. A false break without volume could mean more ranging before the next move.
ā ļø Risk Note: Keep position sizing disciplined ā no more than 1ā2% account risk.
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