🚨 TREE/USDT Technical Update – 4H Chart Analysis 🚨
Traders, let’s break down the current situation on TREE/USDT 👇
We can clearly see the price consolidating within a falling wedge structure, squeezed between the upper resistance zone and the lower support zone. After a strong pump in the past, the market has been in a steady decline, but now it’s reaching a crucial decision point – PUMP or DUMP.
🔎 Key Levels to Watch:
Upper Resistance Zone: If price breaks above this area with strong volume, we could witness a bullish breakout, leading to a fresh rally.
Lower Resistance Zone (Support): If price fails to hold and breaks down, sellers could take control and push the price further down.
📊 Trader’s Eye Catching Notes:
The falling wedge pattern usually hints at a bullish reversal, but confirmation is a must before entering.
A breakout with strong candle closure above resistance can be a solid entry signal for buyers.
If volume fades and price slips below support, be ready for a possible dump scenario.
⚡ Tip for Traders:
Always wait for confirmation of breakout or breakdown before entering – patience protects your capital.
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Best of luck 🤞 🍀 🤞
