š $TREE /USDT ā @Treehouse Official Bulls Gearing Up for a Breakout š
š Market Sentiment:
Despite recent pullbacks, buying pressure is starting to consolidate near key support. A bullish breakout could be on the horizon as momentum builds.
š Key Levels:
Support: $0.4020 ā $0.4040 (accumulation zone)
Resistance: $0.4190 ā $0.4250 (breakout trigger zone)
š” Trade Setup:
Wait for a confirmed close above $0.4190 with strong volume before entering long. Breakout traders can look for follow-through momentum targeting higher resistance zones.
šÆ Targets:
1ļøā£ Target 1: $0.4250
2ļøā£ Target 2: $0.4310
3ļøā£ Target 3: $0.4400+
š” Stop Loss:
Place SL just below $0.4000 to limit downside risk.
ā ļø Risk Management:
Keep position size within 2ā3% of your portfolio. Markets remain volatile; adjust targets and SL if volume fades.
š Bullish Outlook:
If bulls defend the $0.4020 zone and push past $0.4190, we may see a short squeeze driving quick gains. Patience and confirmation are key before committing capital.