$TREE — Coiled for a Potential Bull Trap
Long
$TREE • Entry: 0.06544 – 0.06576
• Stop Loss: 0.06405
Targets:
• TP1: 0.06676
• TP2: 0.06754
• TP3: 0.06870
TREE is showing a high-probability 4H long setup despite the daily downtrend. Price is coiling near a key support zone, and RSI neutral at 53.8 indicates bearish momentum exhaustion.
The entry zone provides tight risk aligned with the 1H ATR, creating an attractive early positioning opportunity. Buyers are reloading for a potential rebound, but caution is advised—this could also be a short-term “dead cat bounce.”
Bullish bias remains valid while TREE holds above 0.0654. Watch for volume and momentum confirmation to capture the next upward leg.
Trade
$TREE here 👇🏻
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