$TOWNS USDT – BULLISH REVERSAL SIGNAL: BUYERS PUSHING BACK AFTER STRONG SELL-OFF
After hitting the intraday low of 0.02985, $TOWNSUSDT has shown a sharp bounce, breaking above the 7-MA and testing the 25-MA resistance. This rebound, supported by increased volume, signals that buyers are stepping in aggressively, aiming for a short-term recovery.
Trade Setup (Long):
Entry: 0.03100 – 0.03130
Take Profit 1: 0.03200
Take Profit 2: 0.03280
Stop Loss: 0.03040
Market Outlook:
Momentum is shifting towards bulls after prolonged bearish pressure. A sustained hold above 0.03130 could open the way for a push toward the 0.033 zone, while failure to hold above 0.0304 may bring sellers back into control.
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