$TOWNS is currently priced at $0.03672, trading near a key accumulation range. The strong support is positioned around $0.03550 – $0.03580, where buying pressure has historically stepped in to prevent deeper declines. The immediate support zone lies between $0.03600 – $0.03620, offering a potential entry point for short-term traders if the level holds.
On the upside, the nearest resistance zone is at $0.03750 – $0.03780. A decisive breakout above this range could open the way toward $0.03850 and potentially $0.03920 in the short term, especially if accompanied by strong trading volume.
For risk control, a stop-loss can be placed around $0.03520, just below strong support, to minimize losses in case of a bearish breakdown