@Treehouse Official #treehouse $TREE

🔥 $TREE /USDT, here’s a concise analysis:

Current Price: 0.4976 USDT, down 12.32% ($0.49) in the last 24 hours.

24h Range: Low of 0.4688, high of 0.5686.

24h Volume: 15.57M TREE, 8.15M USDT.

📊Technical Indicators:

EMA(5): 0.5103, EMA(10): 0.5420, EMA(20): - (indicating a downward trend as current price is below short-term EMAs).

Bollinger Bands: Upper Band (UB) not fully visible, Lower Band (LB) around 0.4000, suggesting price is near the lower band, indicating potential oversold conditions.

SAR: 0.4975, very close to the current price, suggesting a potential trend reversal point.

MACD: MACD: 0.0144, Signal: -0.0531, Histogram: -0.0675, showing bearish momentum as MACD is below the signal line.

AVL: 0.4975, aligning with the current price.

Average Buy Price: 0.5373, indicating a loss for holders at the current price.

Performance: Down 6.48% today, with no data for longer periods (7, 30, 90, 180 days).

🔴Observation:

The price is trending downward, with technicals suggesting bearish momentum and potential oversold conditions. A reversal might be possible if it holds above the SAR and lower Bollinger Band

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