$TOWNS Futures Long Signal
Entry Zone: 0.00610 – 0.00625
Take-Profit 1: 0.00650
Take-Profit 2: 0.00690
Take-Profit 3: 0.00740
Stop-Loss: 0.00575
Leverage (Suggested): 3–5x
Rationale:
#TOWNS has broken out strongly from the 0.00560 accumulation base with a clean impulsive move into the 0.00645–0.00650 resistance area, supported by a clear volume expansion. After the breakout, price is consolidating above the prior breakout zone around 0.00610, indicating acceptance and bullish continuation rather than rejection.
The structure remains bullish with higher highs and higher lows on the intraday timeframe. Current consolidation appears to be a healthy pause, likely forming a continuation flag. As long as price holds above the 0.00610 demand zone, continuation toward higher liquidity levels remains favored.
Risk-Management Note:
A decisive breakdown and acceptance below 0.00575 would invalidate the bullish setup and indicate a failed breakout scenario.
