๐ $TREE /USDT โ Mildly Bearish to Neutral, Consolidating Range
๐ Current Price Snapshot
Current Price: ~$0.332 (per finance widget)
24h Change: โ +0.08%
24h Low / High: ~$0.305 / ~$0.336 (intraday range)
๐น Technical Overview
1H: Mostly sideways consolidation
4H: Slight bearish bias post recent decline
1D: Mixedโmodest pullback from recent highs
Support: ~$0.32, $0.30
Resistance: ~$0.34โ0.35 (previous local highs)
RSI around neutral (~33 on CoinCheckup)
Stochastic RSI: showing oversold-to-neutral bounce potential.
MACD: neutral to slightly bearish (flat)
Trend Strength (ADX): ADX ~17โ18 โ indicating a weak trend, mostly range-bound.
Volume / VWAP: Volume moderate; VWMA suggests mild sell-side pressure
Candlestick / Chart Patterns: No clear engulfing or breakout pattern; trading within a narrow channel/range
Chart Patterns: Sideways consolidating channel between ~$0.32โ0.34
๐ฏ Trade Setup
Entry Zone: $0.32โ$0.33
Target 1: $0.34 (near-term resistance)
Target 2: $0.36 (if breakout above range)
Stop Loss: < $0.30 (below recent consolidation zone)
Risk/Reward: R:R โ 1:2 (good potential upside with tight stop)
๐ก Market Sentiment & Catalysts
Ecosystem Use Case: TREE powers Tree News, Tree Terminal, and Tree Capitalโused for subscriptions and burns, giving it utility appeal.
Stability & Growth Potential: Stable short-term performance; niche use-case supports steady demand.
Broader DeFi Sentiment & Utility Uptick: DeFi adoption and platform engagement could drive interest in TREE.
Do you think TREE will break above $0.34 this week? Reply YES/NO ๐
โ ๏ธ Risk Disclaimer
Crypto is volatile. Always DYOR and manage your risk.