🚨 $TREE /USDT Market Update 🚨
$TREE is under strong selling pressure, trading around $0.0398 (-8.92%) after failing to hold above the $0.0490 high.
📊 Technical Overview:
🔻 Price is trading below MA(25) at $0.0431 and MA(99) at $0.0437, confirming a bearish trend.
🛡️ Immediate support: $0.0380
⚠️ If support breaks, further downside could follow.
🚀 Resistance levels: $0.0423 – $0.0437
📈 A breakout above these levels could signal a short-term recovery.
💡 Trading Strategy:
Bullish: Wait for a strong close above $0.0437 with increasing volume.
Bearish: Losing $0.0380 may open the door for lower prices.
⚠️ Risk Management: Always use a stop-loss and avoid chasing volatile moves. Confirm signals with volume before entering any trade.
#TREE #TREEUSDT #Binance #Crypto #Altcoins #Trading #TechnicalAnalysis #DYOR
$TREE is under strong selling pressure, trading around $0.0398 (-8.92%) after failing to hold above the $0.0490 high.
📊 Technical Overview:
🔻 Price is trading below MA(25) at $0.0431 and MA(99) at $0.0437, confirming a bearish trend.
🛡️ Immediate support: $0.0380
⚠️ If support breaks, further downside could follow.
🚀 Resistance levels: $0.0423 – $0.0437
📈 A breakout above these levels could signal a short-term recovery.
💡 Trading Strategy:
Bullish: Wait for a strong close above $0.0437 with increasing volume.
Bearish: Losing $0.0380 may open the door for lower prices.
⚠️ Risk Management: Always use a stop-loss and avoid chasing volatile moves. Confirm signals with volume before entering any trade.
#TREE #TREEUSDT #Binance #Crypto #Altcoins #Trading #TechnicalAnalysis #DYOR