- The price of Treehouse (TREE) surged to $0.5943 before retracing to around $0.4294.
- Today’s price surge is due to TREE’s listing on Upbit, which fueled a sharp volume spike.
- Key levels to watch include support at $0.3953, and resistances at $0.4842 and $0.6000.
Treehouse (TREE) stunned traders today after soaring to an intraday high of $0.5943 before pulling back to around $0.4294.
The explosive move, fueled by a listing on Upbit crypto exchange, has thrust TREE into the spotlight.
The pressing question now is whether the altcoin can sustain the momentum or if it is setting up for a sharp reversal back to previous lows.
Upbit listing drives surge
The dramatic price spike came on the back of major exchange listings that have expanded TREE’s accessibility to traders worldwide.
Precisely, South Korea’s Upbit has today revealed it would list TREE in the KRW, BTC, and USDT markets, with trading support officially starting at 4:00 PM KST.
Earlier, on August 8, Bithumb also added TREE to its KRW market, opening the floodgates for Korean retail and institutional demand.
In July, Binance announced it was adding TREE as loan collateral, sparking an immediate surge in trading activity.
According to market data, TREE’s 24-hour volume ballooned by more than 1000% to $306 million, highlighting just how quickly liquidity rushed into the token once new on-ramps became available.
TREE finds momentum: from lows to highs in days
The listings come at a time when Treehouse has been steadily building its ecosystem.
The project, a decentralised fixed-income protocol, allows users to deposit assets such as ETH and receive tokenised versions (tAssets) that can be deployed in automated vault strategies.
TREE functions as the governance and utility token, powering predictions, fee payments, and rewards.
Its integrations with DeFi heavyweights like Aave and Compound have further strengthened its positioning.
With more than 15 exchange listings already under its belt, including Coinbase and KuCoin, Treehouse is no longer a fringe token. Instead, it is emerging as one of the more liquid small-cap assets on the market.
https://twitter.com/TreehouseFi/status/1950572601065271304
What makes the latest TREE price surge even more striking is the timing. TREE hit an all-time low of just $0.2791 on August 25, barely three days before the wave of listings and announcements.
The rebound to nearly $0.60 represents an 89% move in a single session, underscoring just how quickly sentiment around the altcoin shifted.
The price action, however, has not been entirely one-sided. After the vertical pump, TREE retraced sharply, cooling off from its peak to around $0.4294.
That pullback has left traders debating whether this was merely a healthy correction before another leg higher or the beginning of a deeper reversal.
Treehouse price outlook
Analysts are now watching critical levels to determine TREE’s next move.
Should the pullback extend, the token could retest support near $0.3953, a level many traders see as pivotal for maintaining the uptrend.
On the upside, momentum traders are targeting a rebound toward $0.4842, followed by $0.5400 and possibly another push toward $0.6000 if buying pressure returns.
With Q3 launches of tAVAX and tBNB still on the horizon, Treehouse has potential catalysts that could sustain investor interest.
However, the volatility surrounding its recent listings means price swings are likely to remain sharp.
Whether TREE consolidates its recent gains or revisits its lows will depend largely on how long the listing-driven hype translates into real demand.
