$TOWNS /USDT – SUPPORT BOUNCE PLAY
$TOWNS has been under heavy selling pressure, dropping nearly -19% in the past week. However, buyers defended the 0.0278 level and price is now stabilizing above 0.0285. This creates a short-term opportunity for a potential recovery push.
Trade Setup
Entry Zone (Long): 0.0285 – 0.0288
Take Profit 1: 0.0300
Take Profit 2: 0.0315
Stop Loss: 0.0275
Market Outlook
As long as 0.0285 holds, TOWNS could attempt a move toward 0.0315. A break below 0.0275 would invalidate the bullish setup and extend the downtrend. Traders should watch for volume confirmation to catch the next move.