⚠️ Is TREE on the brink of a sudden price explosion? 💥🌲

After analyzing the TREE chart – 4-hour timeframe, a narrow descending triangle pattern appears 📉➡️📈, which is a potential bullish signal. The current price is $0.3688, trading between support at $0.40 and resistance at $0.45.

📊 Technical indicator signals:

💧Moving averages: Most are positive 🟢

💧RSI and MACD indicators: Neutral to positive signals ⚖️

🔹 Technical recommendation:

⚡️Potential buy on breakout of resistance at $0.45 with a 4-hour candle close.

⚡️Stop loss below support at $0.40.

⚡️Use a risk/reward ratio of 1:2 or better.

💡 Notes: Increased trading volume supports the strength of the breakout, but volatility is high ⚡, so be cautious.

🌟 Summary: Bullish potential exists, but confirmation awaits a strong candle close above resistance.

#TreehouseFi #TREEINCAT #CryptoRally #FamilyOfficeCrypto #TREETF $TREE