CreatorPad August 19

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$TREE $TREE $TREE #Treehouse @Treehouse Official

Treehouse (TREE) has dropped by 3.53% in the last 24 hours, continuing a weekly decline of 15.59%. The main reasons are sell-offs after the airdrop, negative sentiment in the derivatives market, and mixed signals regarding the token's adoption level.

Sell-offs after the airdrop — early recipients continue to sell their tokens after the listing.

Negative sentiment in derivatives — negative funding rates indicate short-term pessimism.

Discrepancy between adoption and price — rapid growth in TVL is not accompanied by a noticeable increase in price.

From a technical perspective, the 7-day Relative Strength Index (RSI) is 30.04, and the 14-day RSI is 29.27, both values are in the oversold zone. This indicates that selling pressure may already be excessive, but it doesn't immediately explain the drop in the last 24 hours. Data on moving averages over longer periods are unavailable, so it may be more important to consider short-term indicators.