Strong Support Bounce Incoming – $TREE Ready to Climb?

Setup (4H TF Long):

• Entry: 0.06195

• Take Profit (TP): 0.06650 / 0.07000

• Stop Loss (SL): 0.05880

Risk/Reward: ~1:2.4

Reasoning:

Price is reacting from a key support zone after a corrective move, showing signs of accumulation. The structure suggests a potential higher low formation, which often leads to bullish continuation. Volume is slightly picking up, indicating buyers stepping in. If momentum sustains, we can expect a push toward the previous resistance zones. However, a breakdown below support invalidates the setup, so SL is crucial.

Long $TREE 👇

TREEUSDT

Διην.

0.06166

+1.98%