Treehouse ($TREE ) has increased by 3.10% over the last 24 hours. The current price shows a daily growth of 3.10%, but over the last 7 days and 30 days, the changes are -7.35% and -72.10% respectively. This means that the short-term growth is occurring against a backdrop of long-term decline. $TREE
The RSI index is in the oversold zone, which aligns with the technical data. The fear and greed index is neutral, so some traders may see an opportunity to buy after the drop. A high turnover ratio (0.835) indicates active trading, which may also contribute to price movement.
As a result: the price increase is likely driven by a combination of technical oversold conditions that caused a bounce, recent listings that improved liquidity, and positive news about the development of the project's DeFi infrastructure. However, the long-term trend remains downward, so this growth may be temporary.
