On September 11, 2025, TREE surged 58.39% in a single day to hit $0.3279. Over the past week, TREE climbed 174.08%, but over the last month, it dropped 215.25%, and over the year, it declined by 3367.78%.
Recent initiatives within the TREE ecosystem have sparked a rapid price increase. This surge is mainly attributed to the unveiling of a new governance proposal focused on decentralizing how the platform makes decisions. Widely supported by the community, the proposal details a phased rollout of token-based voting rights, staking rewards, and an updated treasury management plan. This strategy is intended to boost long-term growth and community involvement, with the initial stage scheduled to begin in the next 90 days.
Technical analysis for TREE indicates early signs of a short-term upward trend. The RSI has crossed above 50, pointing to increasing momentum. At the same time, the 50-day moving average has moved above the 200-day average, creating a so-called golden cross—a pattern that is often seen as bullish in technical analysis. However, considering TREE’s high volatility and the overall market conditions, these signals should be approached with caution.
Historically, TREE has experienced strong short-lived rallies after significant declines, and the current climb coincides with previous resistance points, which now seem to offer support. Experts emphasize the importance of the $0.30–$0.35 price range, suggesting that breaking through this band could mark the start of a more prolonged period of consolidation. At this time, no analyst outlooks have been attributed to any particular firm or individual.
Backtest Hypothesis
The suggested backtesting method recommends entering a long trade when the 50-day average overtakes the 200-day average, and closing the position if the RSI dips below 40. This tactic would have captured gains during the recent weekly surge and could have helped limit losses during the past month’s drop. The goal of the strategy is to assess whether these technical signals remain effective under similar past market conditions, without depending on predictions or outside factors. The criteria focus exclusively on TREE’s price trends, isolating the effects of governance changes.