$TOWNS Bullish Recovery Attempt After Pullback šš
$TOWNS is trading at 0.03657 (+11.56%), bouncing from intraday lows after a strong rally earlier in the session. Buyers are attempting to regain momentum, with eyes on reclaiming the 0.03750ā0.03800 zone for further upside.
Support and Resistance
⢠Resistance: 0.03750 ā 0.03800 ā 0.03930
⢠Support: 0.03600 ā 0.03550 ā 0.03500
Trade Setup
⢠Entry Zone: 0.03640 ā 0.03660
⢠Stop Loss: 0.03580
šÆ TP1: 0.03750
šÆ TP2: 0.03800
šÆ TP3: 0.03930
Market Insights
$TOWNS is showing signs of strength after a healthy pullback, with volume supporting a potential rebound. A breakout above 0.03800 could reignite bullish momentum toward the recent highs, while maintaining above 0.03600 keeps the short-term bias positive.