Treehouse ($TREE ) has grown by 29.57% over the last 24 hours. At the same time, the trading volume increased by 1570%, and high volume often accompanies sharp price changes — this is an important point.
It is also worth noting the high yields from staking with Pre-Deposit Vaults — from 50% to 75% annually. If these offers are still relevant or new incentives for staking have emerged, it attracts investors seeking returns, which increases demand and price. However, news about these programs dates back to the end of July, so the effect may be either persistent or renewed.
Technical analysis shows that the Relative Strength Index (RSI) around 32 is close to the oversold zone. A bounce from such levels often signals a technical reversal and a price correction upwards. #Treehouse @Treehouse Official