๐ณ $TREE Recovery Trade Plan โ Simple Breakdown
Current Price: $0.4376
24H Change: +11.29% (nice bounce from the recent low at $0.3909)
Earlier today, $TREE spiked up to $0.4727, but strong selling caused a pullback. Itโs now trying to recover and stabilize in the middle of the range.
๐ Key Trade Levels
Entry (Buy) Zone: $0.4350 โ $0.4380
โค This is where you can consider entering the trade if price holds.
Stop Loss: Below $0.4300
โค This is your risk protection. If price falls below here, the trade idea may be invalid.
Target Prices (Take Profit Levels):
TP1: $0.4440 โ First short-term resistance
TP2: $0.4520 โ Next level if momentum continues
TP3: $0.4727 โ Previous high from todayโs spike
๐ Whatโs Happening Now
Buyers vs Sellers:
Buyers are picking up again (39.26% buy-side), but sellers are still active.
Current Momentum:
Itโs showing some strength after the bounce, but needs more volume (buying power) to keep going up.
๐ฎ What to Watch For
โ
Bullish Scenario (Price goes up)
If price stays above $0.4350, and especially breaks $0.4440 with good volume:
It could push toward $0.4520, or even $0.4727 again.
Look for higher lows forming on the chart (that means buyers are stepping in).
โ Bearish Scenario (Price goes down)
If price drops below $0.4300, it could:
Slide to $0.4260 or even lower.
Possibly retest the support zone between $0.4100 โ $0.3909.
๐ก Extra Tips
Use a small position if youโre testing the setup.
Watch volume on the 5-min and 15-min candles. Big green candles with strong volume are good signs.
If price pushes past $0.4440 but then fakes out (drops quickly), be cautious โ it could be a bull trap.
