š³ $TREE /USDT ā Pullback Testing Key Support, Next Move Loading
TREE is trading at $0.3668 (-11.72%) after failing to hold above the $0.40 zone, with a daily low at $0.3531. The sell-off comes on 50M TREE volume, showing strong market activity and opening opportunities for both bullish reversals and bearish continuation trades.
š Technical Snapshot
Resistance Levels: $0.3734 ā $0.3997 ā $0.4261
Support Levels: $0.3531 ā $0.3471 (key breakdown point)
Momentum remains weak, but RSI is nearing oversold territory ā a short-term bounce is possible if $0.3530 holds.
š Long Setup (Reversal Play)
Entry: $0.3540 ā $0.3570
TP1: $0.3734
TP2: $0.3997
Stop Loss: $0.3480
š Short Setup (Breakdown Play)
Entry: $0.3525 ā $0.3540 (after breakdown confirmation)
TP1: $0.3471
TP2: $0.3350
Stop Loss: $0.3600
ā ļø Pro Tip: The $0.3530 zone is the battleground ā bulls must defend it to avoid deeper downside.