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$TREE 4H Analysis: Liquidity Sweep or the Start of a Deeper Breakdown?
โฐ Timeframe Analyzed: 4-Hour (4H)
๐ Market Bias: Bearish
$TREE has suffered a sharp bearish displacement from 0.0490 to 0.0374, breaking below all major moving averages. Although buyers reacted from the lows, the trend remains bearish until price reclaims key resistance.
๐ฏ Trade Setup
๐ด Preferred Setup: SHORT (On Bearish Rejection)
Entry Zone: 0.0392 โ 0.0402
๐ Stop Loss: 0.0418
๐ฏ TP1: 0.0374
๐ฏ TP2: 0.0365
๐ฏ TP3: 0.0355
๐ Risk : Reward: 1:2.0 โ 1:3.8
๐ข Alternative Setup: LONG (Only After Confirmation)
Entry: Above 0.0429 (confirmed 4H candle close)
๐ Stop Loss: 0.0408
๐ฏ TP1: 0.0445
๐ฏ TP2: 0.0460
๐ฏ TP3: 0.0490
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