$TREE — BEARS DRIVING PRICE TOWARD NEW LOWS 📉
$TREE has extended its downtrend, sliding to $0.3402 before a mild bounce. The persistent rejection from moving averages and the dominance of red candles show sellers firmly in control, increasing the risk of another leg lower if support levels fail.
Trade Setup (Short)
Entry: $0.3490 – $0.3505
TP1: $0.3440
TP2: $0.3400
Stop Loss: $0.3545
Market Outlook:
Momentum remains bearish with lower highs and lower lows. Holding below $0.3505 will keep downside pressure intact, while reclaiming above $0.3545 could signal the start of a short-term recovery.
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buy and trade here on $TREE