$TOWNS at Decision Point – Breakout or Breakdown Ahead?
Current Price: $0.03435 – TOWNS is consolidating near short-term support after a recent pullback. Bulls are trying to defend the $0.03423 zone, while sellers watch for a breakdown to push lower.
Key Levels to Watch
• Resistance: $0.03600 – A breakout above could spark a recovery toward $0.03720 and $0.03900.
• Support: $0.03423 – Losing this level may drag price toward $0.03360 and $0.03300.
Trade Setup – Prepare for Volatility
• Bullish Scenario: A confirmed push above $0.03600 could target:
• Target 1: $0.03720
• Target 2: $0.03900
• Bearish Scenario: A drop below $0.03423 could target:
• Target 1: $0.03360
• Target 2: $0.03300
Market Sentiment: Currently range-bound with low momentum; volume breakout will be the trigger for the next move.