Will $TREE Token Bounce Back?

TREE is trading at $0.4011, up nearly +30% in the last 24 hours, after a strong rally that pushed it as high as $0.6486 before pulling back. The surge came with massive trading volume (258M TREE in 24h), signaling strong market interest, but the retracement shows profit-taking by early buyers.

Immediate Support: $0.38 – $0.40 (where bulls are defending now)

Stronger Support: $0.34 – $0.35 (aligned with MA99 and breakout zone)

Resistance Levels: $0.42 (short-term cap), $0.50 (psychological barrier), and $0.65 (local high).

📊 Indicators:

RSI (62.7): Still in bullish territory, but cooling down after being near overbought.

MACD: Bullish crossover, showing upward momentum is still in play.

MAs (7, 25, 99): Price is above all major moving averages, confirming a bullish structure as long as $0.34 holds.

⚡ Outlook

If TREE holds above $0.38, it could consolidate before another breakout attempt. A clean move above $0.42 may open the door toward $0.50 again, with a possible retest of $0.65 if momentum continues.

However, if it loses $0.34–$0.35 support, a deeper correction toward $0.30 is possible before stabilizing.

🔑 Bottom Line: TREE has strong momentum and high volume backing its rally. As long as bulls defend the $0.38–$0.34 range, a bounce back toward $0.50+ looks realistic.

@TreehouseFi #Treehouse