Latest data shows that the price of TREE Token has reached $0.47, successfully breaking through the falling wedge pattern. Market analysts point out that $0.48 will become a key resistance level in the short term, while $0.436 is an important support level.
The Treehouse protocol, as the underlying ecosystem of the TREE Token, currently has a total locked value of ( TVL ) reaching 550 million USD, demonstrating strong market appeal. It is worth noting that TREE plays an important role in the ecosystem, not only for governance but also for staking to earn returns, with the current annualized return rate of ( APR ) exceeding 50%, attracting the attention of many investors.
On the technical front, if TREE can effectively break through the resistance level of $0.48, it may trigger a new round of upward movement, with target prices potentially extending to $0.58 or even $0.74. However, investors should also be wary of potential risks, including high market volatility and possible selling pressure from large holders.
For investors interested in participating, market professionals recommend adopting a cautious strategy, considering small position short-term operations, while setting $0.425 as a stop-loss point to control risk.
Overall, the trend of the TREE Token reflects the complexity of the cryptocurrency market. Investors need to comprehensively consider multiple factors such as technical analysis, fundamentals, and market sentiment to make rational investment decisions.
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DegenApeSurfer
· 08-07 18:10
Another peak is coming.
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SchrodingerAirdrop
· 08-05 08:49
Schrödinger Airdrop strikes, please be aware of the risks.
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ChainMaskedRider
· 08-05 07:47
All in! 已经all in了
View OriginalReply0
PaperHandSister
· 08-05 07:46
I've lost quite a bit of money, I'm already paper hands.
View OriginalReply0
TooScaredToSell
· 08-05 07:43
Rebound and just sell it.
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DefiPlaybook
· 08-05 07:37
50% apr? Heh, having a fee would be considered good.
View OriginalReply0
NftDataDetective
· 08-05 07:34
hmm 50% apr seems sus... we've seen this movie before tbh
Latest data shows that the price of TREE Token has reached $0.47, successfully breaking through the falling wedge pattern. Market analysts point out that $0.48 will become a key resistance level in the short term, while $0.436 is an important support level.
The Treehouse protocol, as the underlying ecosystem of the TREE Token, currently has a total locked value of ( TVL ) reaching 550 million USD, demonstrating strong market appeal. It is worth noting that TREE plays an important role in the ecosystem, not only for governance but also for staking to earn returns, with the current annualized return rate of ( APR ) exceeding 50%, attracting the attention of many investors.
On the technical front, if TREE can effectively break through the resistance level of $0.48, it may trigger a new round of upward movement, with target prices potentially extending to $0.58 or even $0.74. However, investors should also be wary of potential risks, including high market volatility and possible selling pressure from large holders.
For investors interested in participating, market professionals recommend adopting a cautious strategy, considering small position short-term operations, while setting $0.425 as a stop-loss point to control risk.
Overall, the trend of the TREE Token reflects the complexity of the cryptocurrency market. Investors need to comprehensively consider multiple factors such as technical analysis, fundamentals, and market sentiment to make rational investment decisions.