TREE/USDT – At Make-or-Break Zone Around $0.30
TREE/USDT is testing a critical level as price hovers around $0.2988. Today’s decline of 7.35% adds to the week’s losses, with the token already down 18.5% in 7 days.
Market sentiment is clearly bearish. The SAR indicator remains above the candles, showing that downward momentum continues. The moving averages also align bearishly, with MA(5) below MA(10), reflecting weak buying support.
The nearest support is $0.2955. If broken, bears will likely target $0.29–$0.285 next. On the flip side, immediate resistance is at $0.3050, then $0.3130. A breakout above $0.326 would be the first sign of strength, but until then, downside risk dominates.
Volume trends show strong participation on red candles, proving sellers are still in control. Bulls need to step in quickly, otherwise TREE risks losing its $0.30 base.
Trading insights:
Aggressive traders may short below $0.295 with targets at $0.285.
Conservative buyers should wait for a confirmed bounce above $0.305.
Investors should stay cautious until a reversal structure forms.
Final Thought: TREE is at a make-or-break level. If $0.30 holds, we could see a rebound. If it breaks, the bearish cycle will continue deeper.
