🌱 TREE/USDT – Early Rebound in Play?
📊 Snapshot
TREE is trading at $0.3687, recovering from a sharp drop that bottomed at $0.3531. The 24h high sits at $0.4117, and volume remains solid with 47.28M TREE exchanged. RSI has climbed to 55, signaling renewed buying interest.
🔍 Technical Pulse
After dipping from $0.4727, TREE found support and is now nudging above EMA7 ($0.3668). This early lift suggests short-term bullish momentum—but the real test lies ahead.
- Price is above EMA7, showing strength
- Still below EMA21 ($0.3774), which acts as resistance
- EMA99 ($0.4028) remains the ceiling for trend reversal
⚠️ Key Levels to Watch
- Support at $0.3531 must hold to avoid deeper correction
- Resistance at $0.3774 is the breakout trigger
- Momentum confirmation depends on volume and RSI continuing to rise
🧠 Summary
TREE is flashing early rebound signals. The bounce off support and climb above EMA7 are encouraging, but bulls need to reclaim $0.3774 to shift sentiment. Until then, caution is key.
> “Rebounds don’t wait for permission. They test conviction.”