$TREE /USDT — 15m Chart Read
Price saw an early momentum expansion into 0.116, followed by a fast reset that shook out weak hands. Since then, structure has stabilized and price is now consolidating around 0.111–0.112, printing tight candles and holding above short-term averages. This looks like controlled digestion, not distribution.
Buyers clearly defended the 0.109–0.110 zone, stepping in on every dip and maintaining higher lows. Selling pressure fades quickly, and the tape suggests absorption at support, with late sellers failing to follow through. Momentum is muted but constructive, keeping a continuation bias in play.
Overhead, first resistance sits back at 0.114–0.116, the prior rejection area. A clean push through that zone would put the next upside reference into view. Until then, compression favors a decision move rather than chop.
Bias remains mildly bullish while price holds above the defended base. The caution level is a sustained loss below 0.108—that would weaken structure, flip short-term control back to sellers, and signal momentum decay. For now, the tape leans toward buyers holding ground and preparing for the next expansion.
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