#newlaunch #NewlistingToken
TREE/USDT
📊 Price Overview
Current Price: $0.9132
24h Change: +204.40% (₹79.43 in INR)
24h High: $1.5000
24h Low: $0.3000
📈 Chart Analysis (Short-Term Movement)
The price spiked sharply early on, reaching close to the $1.50 high.
After the peak, the price saw a steep decline, with minor bounces before stabilizing around $0.91.
Currently, the price shows signs of slight recovery or consolidation after the dip.
📉 Volume & Indicators
Volume Surge: Notable green volume spike near 19:45, indicating strong buyer or possibly whale interest.
MA(5): 1,194,615.3
MA(10): 3,116,997.8
Both MAs are trending above the current volume, possibly suggesting a cooldown or trend reversal watch area.
🔍 Interpretation
Initial pump likely caused by a listing hype, news, or whale action.
Correction followed the peak, which is typical after an over 200% surge.
Current zone ($0.91) might act as a temporary support or retest zone.
🛠️ Trading Strategy Ideas
Short-Term Traders: Watch for confirmation of support at ~$0.90; entry possible if volume returns.
Swing Traders: Avoid chasing pumps; consider re-entry near support levels ($0.80–$0.85).
Stop-Loss: If entering, consider tight stop-loss below $0.84 in case of further correction.