@Treehouse Official #Treehouse $TREE
📊 TREEUSDT (4H, Binance)
The price is moving in a descending channel 📉, updating local minima. Moving averages 7/25/99 indicate a bearish trend, Ichimoku confirms selling pressure ☁️, SAR 🔴 – downward movement.
Levels:
Support: $0.314 – $0.300
Resistance: $0.332 – $0.337
An upward breakout 🚀 will signal a reversal, but for now, the scenario is movement within the channel.
🌐 Treehouse Protocol – a decentralized platform for fixed income solutions in DeFi. It is promising due to the demand for stable income and transparent smart contracts.
Conclusion: Technically – bearish trend, fundamentally – the project is interesting for the long term 📈.