📉 Analysis of the token $TREE – A consolidation after an explosive start

The crypto market never lacks surprises, and the $TREE/USDT token is a perfect example. After a launch marked by an impressive spike at 1.5000 USDT, the pair currently shows a price of 0.4108 USDT, a decrease of -3.79% over the last 24 hours.

📊 Key data for the last 24 hours:

Current price: 0.4108 USDT (~€0.3543)

Highest: 0.4449 USDT

Lowest: 0.4013 USDT

Volume traded: 371.35M TREE (≈ 157.81M USDT)

MA(7): 0.4175 USDT (current price slightly below the short-term moving average)

🔍 Chart analysis:

Rocket launch: $TREE experienced a stunning start reaching 1.5000 USDT before undergoing a significant correction.

Support zone: 0.3000 USDT seems to constitute a technical floor where the price has bounced.

Short-term trend: Slight selling pressure with a price below the 7-day moving average, but volume remains high, indicating sustained interest.

Rising volumes: The gradual increase in volume over the past few days could signal a reversal if buyers regain control.

📌 What this could mean for traders:

1. Short term: Risk of significant volatility, ideal for scalping or day trading.

2. Medium/long term: Stabilization above 0.40 USDT could serve as a base for a bullish recovery, but a breakdown below 0.30 USDT would invalidate this scenario.

3. Cautious strategy: Wait for a confirmed breakout above the MA(7) and the 0.45 USDT zone before aiming for higher targets.

⚠ Disclaimer: This is not investment advice. Always do your own research before investing in crypto markets.

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