Deep Dive
1. Technical Rebound Signals (Mixed Impact)
Overview: TREE’s price ($0.333) sits above its 7-day SMA ($0.327) and 30-day SMA ($0.332), while the MACD histogram turned positive (+0.0059) for the first time since early August. The RSI14 (50.42) suggests neutral momentum, avoiding overbought/oversold extremes.
What this means: The MACD bullish crossover historically preceded short-term rallies in TREE’s volatile history (e.g., 30% surge on August 1 after similar signals). However, resistance looms at the 30-day EMA ($0.349), which capped gains twice in September.
What to watch: A close above $0.35 could target the 23.6% Fibonacci retracement level ($0.514), while failure risks retesting the swing low ($0.278).
2. Institutional Accessibility Boost (Bullish Impact)
Overview: Guotai Junan International, a major Asian financial firm, added TREE to its crypto trading services on August 28 (Guotai Junan). This followed Binance listing TREE as collateral for margin loans on August 1.
What this means: New institutional pipelines increased TREE’s visibility and liquidity. Trading volume spiked 165% to $171.8M in 24h, with turnover (volume/market cap) at 3.31 – high liquidity reduces slippage risks for large trades.
What to watch: Sustained volume above $150M/day could stabilize prices after a 68% 60-day drop.
3. Fixed-Income Adoption in DeFi (Bullish Impact)
Overview: Treehouse’s Total Value Locked (TVL) surpassed $500M in August, driven by its tAssets (e.g., tETH) and DOR benchmark rates. The protocol now integrates with Aave, Compound, and Pendle (Binance Square).
What this means: As DeFi’s TVL rebounds (+3.89% weekly), projects like Treehouse offering predictable yields (3.25% APY on tETH) attract risk-averse capital. TREE’s role in governing rate-setting panels adds utility.
What to watch: Q4 plans to launch tAVAX and tBNB could expand cross-chain demand.
Conclusion
TREE’s 24h gain reflects a mix of technical tailwinds, institutional onboarding, and DeFi’s shift toward structured yield products. While the MACD and volume surge hint at further upside, the token remains 68% below its July high – a reminder of its high-beta nature.
Key watch: Can TREE hold above the 30-day SMA ($0.332) alongside DOR’s adoption metrics? Failure may reignite sell pressure from airdrop recipients (15.6% circulating supply unlocked at launch).