$TREE chart looking bullish — 97.45% drawdown completed, trendline broken, and the base is finally taking shape. 📊
📍 Current: $0.04854, +0.91%
🔺 Price is holding above the broken trendline, with two consecutive daily closes above it. The red line from the November $0.17 high could now act as support.
💎 Market Cap: $7.4M
Category: DeFi / Fixed Income — benchmark rates and yield-bearing tAssets.
📈 The structure reminds me of $USUAL and $C98 — launched high, suffered a massive ~97% drawdown, and then formed the first major structure break near the bottom.
🛡️ Entry: $0.04825
🛑 Stop-Loss: -20% at $0.0386
🎯 TP6: $0.0965
📦 Longer-term box: $0.30
From $1.30 all the way down to $0.032 — that’s the full collapse. The move toward $0.30 would still represent only a fraction of the previous range. 🎯
Chart never lies. The setup is interesting, but risk management comes first. Don't ape your whole bag into a low-cap.
🔻 #TREE #Lowcap #CryptoTrading #TechnicalAnalysis $TREE
📍 Current: $0.04854, +0.91%
🔺 Price is holding above the broken trendline, with two consecutive daily closes above it. The red line from the November $0.17 high could now act as support.
💎 Market Cap: $7.4M
Category: DeFi / Fixed Income — benchmark rates and yield-bearing tAssets.
📈 The structure reminds me of $USUAL and $C98 — launched high, suffered a massive ~97% drawdown, and then formed the first major structure break near the bottom.
🛡️ Entry: $0.04825
🛑 Stop-Loss: -20% at $0.0386
🎯 TP6: $0.0965
📦 Longer-term box: $0.30
From $1.30 all the way down to $0.032 — that’s the full collapse. The move toward $0.30 would still represent only a fraction of the previous range. 🎯
Chart never lies. The setup is interesting, but risk management comes first. Don't ape your whole bag into a low-cap.
🔻 #TREE #Lowcap #CryptoTrading #TechnicalAnalysis $TREE