$TREE /USDT BEARISH REVERSAL ALERT 🔻
After testing resistance near 0.3484, $TREE has faced sharp rejection and is now trading at 0.3371. The long upper wick signals selling pressure, suggesting a potential bearish reversal from the recent rally.
Trade Setup:
Entry Zone: 0.3370 – 0.3400
Target 1: 0.3280
Target 2: 0.3200
Target 3: 0.3140
Stop Loss: 0.3460
Market Outlook:
Failure to sustain above 0.3400 shows weakening bullish momentum. If price closes below 0.3350 on the 4H chart, further downside is expected toward 0.3140 support.