Based on the provided snapshot for $TREE /USDC, here's a concise technical analysis:
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๐ Current Price & Performance
Last Price: $0.5754 (~Rs163.06)
24h Change: +91.74% ๐ (very strong bullish move)
24h High: $1.5000
24h Low: $0.3001
Volume ($TREE ): 19.62M
Volume (USDC): 15.59M
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๐ Moving Averages (MA)
MA(7): 0.6521 (above current price)
MA(25), MA(99): Not shown clearly
MA(5): 314,817.5 (likely volume-based)
MA(10): 396,065.4
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๐ Key Indicators
MACD, BOLL, SAR: Not detailed here, but the strong price swing suggests:
Likely MACD crossover bullish
Bollinger Bands may be widening (high volatility)
SAR dots probably below price (bullish trend)
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๐ Interpretation
TREE has had a massive pump (over 90% in 24 hours).
Currently in pullback from the $1.5 high, now at $0.5754 (over 60% down from the high).
High volatility, strong trading volume.
Price is below MA(7) โ indicating short-term correction underway.
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๐ฎ Strategy Ideas
Bullish Scenario: If it finds support around $0.50โ$0.57 and forms a base, could bounce back toward $0.75+.
Bearish Scenario: Breaking below $0.50 could lead to retest of $0.30 zone (24h low).
Caution: This may be a low market cap or new token (based on name and volatility), so risk is very high.
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