$TREE /USDT TECHNICAL INSIGHT: YIELD STRIPPING IN ACTION ⚡
TREE/USDT is currently trading at $0.3287, showing a slight pullback of -4.19%. The recent dip may present a potential entry for traders looking to capitalize on short-term support levels. With its innovative yield-stripping model, Treehouse separates stETH into a Principal Token (PT) with fixed returns and a Yield Token (YT) capturing variable staking rewards, offering a balanced risk-reward framework for DeFi participants.
Trade Setup:
Entry (Long): $0.325 – $0.330
Targets (TP): $0.345 / $0.360 / $0.375
Stop Loss (SL): $0.315
Market Outlook:
The dip provides a potential accumulation zone. If TREE holds $0.325 support and rebounds, bulls may push toward $0.345–$0.360. Breaking below $0.315 could trigger further downside, but the innovative DeFi utility keeps the medium-term outlook positive.
#TREE #DeFi #YieldStripping #CryptoTrading #Altcoinseason2024 $TREE