The indicator analysis for TREE/USDT:
✅ 1. Moving Averages (MA):
The 50-day MA is below the 200-day MA, a bearish signal known as a "Death Cross."
Price is trading below both MAs, confirming a downward trend.
🔴 Conclusion: Long- and medium-term trend is bearish.
✅ 2. MACD (Moving Average Convergence Divergence):
MACD line is below the signal line.
The histogram has been negative for over 50 sessions, indicating ongoing bearish momentum.
🔴 Conclusion: Bearish momentum continues, no reversal signals.
✅ 3. RSI (Relative Strength Index) (likely between 30–40):
Below 30 = Oversold, may indicate a short-term bounce.
Between 30–50 = Weak buying pressure, sellers are in control.
🔴 Conclusion: Weak demand, no strong buying activity.
✅ 4. Bollinger Bands:
Price is touching or breaking below the lower band ⇒ possible short-term rebound.
But low volume = weak or unreliable bounce.
🟡 Conclusion: Technical rebound possible, but not supported by volume.
✅ 5. Volume:
High sell volume post-airdrop.
No signs of institutional buying or major support.
🔴 Conclusion: Weak liquidity, dominated by short-term traders.
