The price of Treehouse ($TREE ) has increased by 3.47% in the last 24 hours due to a technical rebound from oversold levels, new listings on exchanges, and positive community sentiment. However, long-term trends remain negative.
The Relative Strength Index (RSI14) for $TREE reached 26.22 on August 19 — the lowest value since July 30, indicating strong short-term undervaluation.
What this means:
- The price rebound to $0.336 coincides with a historical support zone in the range of $0.30–$0.35, where buyers of $TREE previously appeared.
- However, the 7-day moving average ($0.3633) acts as resistance — a breakout above it could trigger further short position closures.
