technical snapshot you provided for TREE/USDT:
Technical Snapshot for TREE/USDT:
- Current Price: $0.4324 (up by 2.03%)
- Short-term MA (7): $0.4163 (Bullish signal as price is above)
- Mid-term MA (25): $0.4189 (Indicates momentum recovery)
🎯 Price Targets:
1. $0.4500: Minor resistance, first bullish breakout zone
2. $0.4800: Key resistance, potential for a stronger rally
3. $0.5200: Major breakout level for trend reversal
🛡 Support Levels:
- S1: $0.4180 (Supported by MA25)
- S2: $0.4000 (Psychological support)
- S3: $0.3850 (Previous swing low)
📈 Outlook:
- Bulls are aiming to regain momentum post consolidation.
- A 4H close above $0.45 could pave the lway to $0.48 and beyond.
- Failure to maintain $0.4180 support may result in retesting $BTC