$TREE /USDT BEARISH BREAKDOWN – MORE DOWNSIDE AHEAD
TREE has broken below key intraday support with strong bearish momentum. Consecutive descending channels confirm sustained selling pressure, and the current breakdown suggests sellers are aiming for deeper levels. Any weak bounce may only act as a retest before another leg down.
Trade Setup (Short):
Entry Zone: 0.2800 – 0.2850
Take Profit 1: 0.2600
Take Profit 2: 0.2450
Stop Loss: 0.3000
Market Outlook:
Momentum remains bearish as long as price stays below 0.3000. A clean break of 0.2750 increases the probability of hitting 0.2400 major support. Short-term trend is weak, favoring sellers until reversal signals appear.