$TREE /USDT – HEAVY SELL-OFF CONTINUES! BEARS DOMINATE BELOW 0.51
TREE faced massive bearish pressure, dropping from 0.5543 to a low of 0.4687 before attempting a weak recovery. Price is still trading below EMA(25) at 0.5048, showing that sellers remain in control.
Trade Setup (Short Position):
Entry Zone: 0.501 – 0.505
Take Profit 1: 0.490
Take Profit 2: 0.470
Stop Loss: 0.515
Market Outlook:
The trend remains bearish as long as TREE trades below EMA(99) at 0.5385. Any bounce toward resistance could be an opportunity for short entries, with strong selling pressure likely to continue.
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