🌳 TREE/USDT Binance Quick Analysis
🔻 Current Price: $0.4870 — down 6.20% in the past 24 hours, signaling a notable bearish shift.
📉 Trend Overview:
On the 15-minute chart, $TREE
is clearly in a downtrend. After peaking at $0.5242, the price has been sliding steadily with dominant red candles, reflecting strong selling pressure.
🔑 Key Levels:
• Resistance: $0.5244 (24h high)
• Support: $0.4687 (24h low) — a critical level to monitor for a potential bounce or breakdown.
📊 Market Activity:
High 24-hour volume with 51M TREE and 25.39M USDT traded shows continued interest despite the decline. The tight bid-ask spread (0.4870–0.4872) suggests strong liquidity and an active market.
🧾 Summary:
TREE/USDT is firmly in a bearish phase following a recent local top. Traders are watching closely to see if the price holds above the 24h low or breaks lower for further downside.
