$TOWNS
TOWNSUSDT
Perp
0.006464
+2.11%
BULLISH CONTINUATION SETUP
$TOWNS is showing steady bullish momentum after bouncing from a strong support zone near 0.00547. Price consolidation near this level indicates accumulation, suggesting a continuation toward higher resistance levels. A breakout above immediate resistance with volume confirmation will strengthen the bullish trend.
Entry: On pullback near 0.00580 or breakout above 0.00588
Targets (TP):
TP1: 0.00588
TP2: 0.00590
TP3: 0.00600
Stop Loss (SL): Below 0.00547
Risk Management: Risk 2-3% of trading capital per trade; trail SL as price progresses.