$TREE : 1-Hour (timeframe) Intraday Momentum Analysis
_Current Price: $0.5205
_Change: +3.42%
_Trend: bullish bounce
๐๏ธ Key Levels:
- Resistance:
- $0.5250 (current test zone)
- $0.5600 (prior peak)
- $0.6100 (supply zone)
- Support:
- $0.5000 (psychological + local floor)
- $0.4750 (August 1st bottom)
- $0.4500 (listing support zone)
๐ฏ Long Trade Targets:
- Target 1: $0.5450
- Target 2: $0.5700
- Target 3: $0.6150
_Strong Support Zone: $0.4750 - $0.5000
๐ซ Summary:
$TREE shows potential for a breakout from short-term consolidation. The MA7 flip is bullish, but it needs to flip $0.5187 (MA25) into support for further upside. Failure may drag the price back to $0.49.
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