$TREE – BOUNCE FROM SUPPORT, BULLS AWAKENING
$TREE retraced heavily from $0.3374 but found strong support at $0.3171, where buyers quickly stepped in. The latest green candle signals a potential reversal attempt as price reclaims the $0.3200 zone. Holding above this level could attract momentum toward $0.3250 and $0.3339, with a breakout eyeing $0.3385 resistance.
Trade Setup:
Long Entry: $0.3180 – $0.3210
Take Profit (TP): $0.3250 / $0.3339 / $0.3385
Stop Loss (SL): $0.3160
As long as $0.3170 holds, bulls have room to push higher and attempt a recovery from the recent downtrend.