$TREE has been consolidating after a recent drop from 0.3094 to a low of 0.2754, now trading at 0.2924. Price is sitting near the 7-MA (0.2908) and 25-MA (0.2932), but still below the 99-MA (0.3173), showing the trend is neutral to slightly bearish in the short term.
Bullish View:
A sustained move above 0.2950 would strengthen momentum and could trigger a retest of 0.3050 – 0.3090. If buyers manage to clear the 0.3094 high, upside targets extend toward 0.3170 (99-MA).
Bearish / Pullback Risk:
Failure to hold above 0.2900 may see price slipping back toward 0.2840 – 0.2800 support. A break under 0.2750 would put sellers fully back in control.
Long Trade Setup (preferred only if price clears 0.2950):
Entry: 0.2950 – 0.2970
Target 1: 0.3050
Target 2: 0.3090 → 0.3170
Stop Loss: 0.2875
Short Trade Setup (if rejection below 0.2950 – 0.2970):
Entry: 0.2940 – 0.2960
Target: 0.2840 → 0.2800
Stop Loss: 0.2990
Bias: Neutral with slight bearish pressure while below 0.2950. Trend flips bullish only if price breaks and holds above 0.3090.