#TreehouseFi @Treehouse Official
$TREE has now locked in over half a billion dollars in value, getting everyone in the market talking. But is this the start of a big rally or just a quick pump before it drops again? Let’s simplify what’s going on.
Price Moves Up, Then Down
On August 1, $TREE shot past $0.60 (+30%) but quickly fell back to $0.53 as traders took profits. The chart is showing a cup-and-handle shape a bullish sign that could send the price to $0.75 if buying pressure comes back.
Binance Boost
Now, you can use $TREE as collateral for loans on Binance. This could bring more demand and liquidity, but it might also cause bigger price swings as more traders take leveraged positions.
Airdrop Sell Pressure
A recent $750K airdrop to ETH stakers caused heavy selling, dropping the token’s price by 42% after listing. If more tokens hit the market, the price could fall further unless enough new buyers step in.
What to Watch
• Ecosystem growth: New projects could help balance selling pressure.
• Staking launch: Could help stabilize the price or bring more volatility.
• Breaking $0.60: If this happens with strong volume, $0.75 could be next.
Bottom Line: $TREE is in a make-or-break moment. Strong fundamentals and growth could push it higher, but profit-taking and airdrop selling are real risks.