$TOWNS / USDT – Bottom Formation in Progress with Breakout Potential 📈🛠️
A $2,373 position entered at $0.0369 signals potential smart money accumulation near a key support zone. Price action is showing signs of stabilization, and a breakout above immediate resistance could ignite bullish momentum.
📊 Technical Snapshot:
Entry Price: $0.0369
Position Size: $2,373
Resistance Levels:
• $0.0392 – Initial breakout level
• $0.0426 – Trend confirmation point
Support Level:
• $0.0350 – Crucial level to maintain
⚙️ Trade Setup – Early Reversal Structure:
Ideal Entry Range: $0.0365 – $0.0372
Stop Loss: $0.0342
Take-Profit Targets:
🎯 TP1: $0.0395
🎯 TP2: $0.0418
🎯 TP3: $0.0449
💡 Pro Tip:
Watch for a breakout above $0.0392 with strong volume. This could confirm the bottom structure and draw in continuation buyers.