🌳
$TREE — looks like accumulation after a long compression phase, bulls are trying to reclaim momentum 🚀
Price has been grinding inside a weak downtrend, but now the structure starts showing early reversal signals. Buyers defended the local liquidity zone again and momentum slowly shifts back to the upside 📈
📊 Technical signals:
• Bullish RSI divergence is forming — price prints lower lows while RSI makes higher lows ⚡
• RSI recovering from oversold territory, showing fading seller momentum
• Local bullish candle pattern forming near support with rejection wicks from the lows 🕯️
• Volume slowly increasing during bounce attempts — signs of accumulation instead of panic selling
• Price holding above the local descending support trendline despite multiple pressure tests
💡 LONG idea:
Interesting setup while price holds above the 0.0667–0.0668 support zone.
🎯 Upside targets:
→ 0.0673
→ 0.0680–0.0685 if buyers gain momentum
🛑 Invalidation below 0.0665, because losing that level could trigger another liquidity flush downward ⚠️
👀 Right now TREE looks like a potential squeeze candidate. If volume expands together with RSI breakout above mid-zone, the move upward could accelerate quickly 🚀
#TREE #TREEUSDT