#Treehouseofficail $TREE What's New with Tree (TREE)?
1. Treehouse Token Swings After Binance Airdrop Launch
After the launch of its token and a related Binance airdrop, Treehouse’s native token (TREE) plummeted more than 50% during its early trading days, despite initial excitement from the airdrop. This sharp decline occurred alongside a 200% spike in trading volume, suggesting intense selling pressure. Analysts point to potential further downside toward $0.30, citing bearish technical indicators like Bull Bear Power dominance.
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Market Snapshot (Treehouse TREE)
Current Price: ~$0.356
Intraday Range: Between $0.342 and $0.365
Recent Trend: Slight dip (~2.4%) from the previous close
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Summary Table
Topic Summary
Token Launch Volatility TREE crashed over 50% post-launch, signaling significant initial pressure
Trading Activity Heavy selling accompanying a surge in volume suggests profit-taking
Technical Outlook Bearish indicators hint at potential further decline toward $0.30
Current Price Holding near ~$0.356 heading into continued market volatility