$TREE /USDT based on your data:
TREE/USDT TECHNICAL ANALYSIS – STRONG BEARISH BIAS
Current Price: 0.2970 USDT
24h High: 0.3337 USDT
24h Low: 0.2955 USDT
24h Volume: 20.62M TREE / 6.47M USDT
Key Levels
Resistance: 0.320 – 0.335 USDT (recent highs)
Support: 0.295 – 0.297 USDT (current price zone & 24h low)
Current Price Zone: Testing support near 0.297 USDT
Market Bias
Price dropped ~10.89% in the last 24h → strong bearish momentum.
Price is near the 24h low, indicating potential for either a bounce or continuation of the downtrend.
Volume shows significant selling pressure, suggesting sellers are dominating.
Trade Setup
Short Opportunity (Bearish Continuation):
Entry: 0.297 – 0.300 USDT
Stop Loss: 0.310 USDT
Targets:
TP1: 0.295 USDT
TP2: 0.290 USDT
Aggressive Long Opportunity (Potential Reversal):
Entry: 0.295 – 0.296 USDT (support zone)
Stop Loss: 0.290 USDT
Targets:
TP1: 0.310 USDT
TP2: 0.320 USDT
Risk Management
Risk no more than 1–2% of total capital per trade.
Avoid entering longs if support breaks with high selling volume.
Monitor resistance zone for potential shorting opportunities if price rebounds.
I can also create a mini visual chart for TREE/USDT showing the support, resistance, and trade zones, which makes it much easier to plan entries and exits. Do you want me to do that?
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