$TREE recently reached a major milestone, surpassing $500 million in Total Value Locked (TVL), and the question on everyone's mind is whether this signals a long-term rally or just a short-term pump.

Let's break down the key factors:

- Price Movement: The price of TREE surged over 30% to $0.60 on August 1, but pulled back to $0.53 due to profit-taking. The chart shows a potential cup and handle pattern, which could push the price up to $0.75 if buying momentum increases.