š² $TREE /USDT ā Strong Bearish Bias
$TREE is trading at 0.3009 USDT (-8.09%), testing support near 0.297 USDT after dropping ~10.89% in the last 24h. Volume shows significant selling pressure, signaling bearish dominance.
š Key Levels:
Resistance: 0.320 ā 0.335
Support: 0.295 ā 0.297
Current Price Zone: Testing support at 0.297
š Trade Setup (Short ā Bearish Continuation):
Entry: 0.297 ā 0.300
Stop Loss: 0.310
Take Profit (TP):
šÆ TP1: 0.295
šÆ TP2: 0.290
š Aggressive Long Opportunity (Potential Reversal):
Entry: 0.295 ā 0.296
Stop Loss: 0.290
Targets:
šÆ TP1: 0.310
šÆ TP2: 0.320
š” Risk Management:
Risk no more than 1ā2% per trade
Avoid longs if support breaks with high selling volume
Monitor resistance for potential shorting if price rebounds
š Market Outlook: Strong bearish momentum dominates, but support at 0.295ā0.297 could offer a reversal opportunity if buyers step in.
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