🚨 Is TREE close to exploding or the beginning of a collapse?! 😱🔥
The TREE coin on the 1h frame is under the microscope... after a clear break of the support level at 0.4800 and a rapid drop towards 0.4540, we see a suspicious downward behavior 🧐
But beware! 👀 The RSI indicator is in the oversold area (24.8), which may pave the way for a temporary corrective bounce towards 0.4880 before any continuation of the drop.
🔸 If 0.4540 is broken again, we may witness a trip towards 0.4200 without prior warning.
🔸 On the other hand, in case of a bounce, traders are targeting 0.4780 - 0.4880 quickly ⚡
📌 The decision now lies between calculated adventure... or smart waiting.
Will you enter before the explosion or wait for the collapse? 💣👇
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