📉 $TREE /USDT Market Analysis 🌳
TREE is trading at 0.3560, showing a small recovery after a sharp drop earlier in the session. The pair has already tested both sides of its range today, with a 24H high at 0.3770 and a 24H low at 0.3460.
📌 Support Zone: The market found strong buying pressure at 0.3460, which now stands as the key short-term support. Holding above this level keeps buyers in play.
📌 Resistance Zone: Immediate resistance lies at 0.3650 – 0.3700, where the last rejection occurred. A breakout here could bring momentum back toward 0.3770.
🎯 Entry Strategy:
Buyers may look for entries near 0.3500 – 0.3520, placing a stop-loss below 0.3460, and targeting 0.3650 – 0.3700.
Alternatively, waiting for a breakout above 0.3700 can provide safer confirmation for upside continuation.
⚡ Key Insight: The current price is attempting a short-term rebound, but without a breakout above resistance, it remains within a bearish structure.
🔥 Traders should stay cautious—failure to hold 0.3460 may invite more selling pressure, while reclaiming 0.3700 could flip momentum bullish again.
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