$TOWNS Breakout in Play or Short-Lived Pump?
$TOWNS is trading around $0.03102, showing a sharp intraday bounce after reclaiming support. Momentum is building, but price now faces immediate resistance that will decide the next direction.
Key Levels to Watch
• Resistance: $0.03150 – A breakout above this level could trigger an extended move toward $0.0320 and $0.0330.
• Support: $0.03050 – Holding above this zone is critical; a breakdown may send price back toward $0.0300 and $0.0295.
Trade Setup – Volatility Loading
• Bullish Entry: A confirmed push above $0.0315 could target:
TP1: $0.0320
TP2: $0.0330
• Bearish Entry: A rejection near resistance and drop below $0.0305 could target:
TP1: $0.0300
TP2: $0.0295
Market Outlook:
With volume rising above 11M, $TOWNS is flashing early breakout signs. If buying pressure sustains, the coin may extend gains, but failure at resistance could lead to a quick pullback.