$TOWNS is showing a recovery attempt after a sharp pullback from its August 5 peak of $0.0755. Price is currently holding near $0.0347, which is about 17% above the recent $0.0293 low. This area could be a short-term accumulation zone if buyers maintain control.
Trade Setup
Entry Zone: $0.033 – $0.034+
Stop Loss: $0.031
Take Profits
TP1: $0.038
TP2: $0.042
TP3: $0.045 – $0.050
With momentum slightly turning bullish, the strategy focuses on capturing a rebound in small profit stages rather than aiming for unrealistic highs. A break and close above $0.038 could confirm further upside toward $0.050.