š $TREE /USDT ā @Treehouse Official Bullish Breakout Watch š
Current Price: $0.3672 (+4% rebound from daily low)
24H Range: $0.3531 ā $0.4246
24H Change: -13.19% (retracing after a sharp sell-off)
š Market Sentiment:
After a heavy sell-off to $0.3531, $TREE /USDT has shown a strong recovery bounce, breaking above short-term moving averages on the 30-min chart.
Buyers are stepping in with increased volume, hinting at a potential bullish reversal setup if momentum sustains.
š Key Levels to Watch:
Resistance 1: $0.3760 (first breakout confirmation)
Resistance 2: $0.3888 (strong supply zone)
Major Resistance: $0.4017 ā $0.4147 (bull target zone)
Support 1: $0.3630 (immediate pivot)
Support 2: $0.3531 (daily low & strong defense line)
š Trade Setup ā Bull Breakout Plan:
Entry Zone: $0.3660 ā $0.3700 (on confirmed bullish candle close above pivot)
Targets:
šÆ TP1: $0.3760
šÆ TP2: $0.3888
šÆ TP3: $0.4017 ā $0.4147 (major breakout goal)
Stop Loss: $0.3530 (below daily low)
š” Pro Tips:
Watch for volume spike above $0.3760 for breakout confirmation.
Avoid chasing if price breaks too fast without a retest ā wait for pullbacks.
Ideal for scalp-to-swing traders looking for 4%ā12% upside potential.
š If bulls defend the $0.3630 pivot and break $0.3760 with conviction, TREE could ignite a momentum rally toward $0.40+ in the short term.