Looking at the TREE/USDT chart right now, and things are starting to look interesting. The price is sitting around 0.0403, showing a decent 4.40% recovery.
If you notice the 4h timeframe, it recently bounced back well from the 0.0351 support level. Right now, it's successfully trading above both the MA(7) and MA(25) lines, which is a good sign of short-term bullish momentum.
Volume is also picking up slightly compared to previous days. It looks like the accumulation phase at lower levels is almost done, and a solid breakout could be on the cards soon.
My plan for this one is pretty straightforward. I am looking to buy some here and hold it patiently for the next 45 to 60 days. This target gives the market enough time to break through local resistance levels and print a proper rally.
As always, spot trading requires patience, so no need to panic on small daily moves. Just buy, hold, and let the setup play out. What do you guys think about TREE? Are you holding or skipping this one?
#TREEUSDT #CryptoTrading #SpotHolding #BinanceSquare
$TREE
If you notice the 4h timeframe, it recently bounced back well from the 0.0351 support level. Right now, it's successfully trading above both the MA(7) and MA(25) lines, which is a good sign of short-term bullish momentum.
Volume is also picking up slightly compared to previous days. It looks like the accumulation phase at lower levels is almost done, and a solid breakout could be on the cards soon.
My plan for this one is pretty straightforward. I am looking to buy some here and hold it patiently for the next 45 to 60 days. This target gives the market enough time to break through local resistance levels and print a proper rally.
As always, spot trading requires patience, so no need to panic on small daily moves. Just buy, hold, and let the setup play out. What do you guys think about TREE? Are you holding or skipping this one?
#TREEUSDT #CryptoTrading #SpotHolding #BinanceSquare
$TREE
