$TOWNS

USDT – Testing Resistance After Strong Bounce 📈

Current Price: $0.03409 (+9.05%)

24h Range: $0.03092 – $0.03418

Volume: $13.19M USDT (Strong trading activity)

MA60: $0.03362 (price holding above – short-term bullish)

Market Insight:

TOWNS has rallied from the $0.0309 low to retest the $0.0341–$0.0342 resistance zone. The move is supported by above-average volume and price trading above both MA5 and MA10, showing short-term bullish momentum. However, resistance at $0.0342 is key — a breakout could open the path to $0.035+.

Key Levels:

Support: $0.03360 / $0.03325

Resistance: $0.03420 → $0.03500

Indicators:

MACD: Bullish crossover forming

RSI: Around 65 — bullish but not overbought

Volume: Sustained buying interest

Bullish Setup:

Entry Zone: $0.03370 – $0.03400 (on dips)

TP1: $0.03420 (breakout level)

TP2: $0.03500 (extension target)

Stop Loss: Below $0.03320

Bearish Risk:

Failure to break $0.03420 could trigger a pullback toward $0.0330–$0.0328.

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