$TOWNS /USDT is showing signs of life after a clean shakeout.
Price is trading around 0.00573 after bouncing from the intraday low at 0.00563 and tagging 0.00578 on the upside. That move flushed weak hands and brought buyers back into the picture. The structure looks more constructive than before.
On the 15m timeframe, price is hovering right around MA7 and MA99, while MA25 is still slightly below, hinting at a short-term trend shift if price can hold. Momentum has cooled after the spike, but it hasn’t collapsed, which is a good sign.
Volume expanded strongly on the push up, confirming real participation. Since then, volume has normalized, suggesting consolidation rather than distribution.
Levels that matter now: Support: 0.00569 then 0.00563
Immediate resistance: 0.00578
Major resistance: 0.00595
If price holds above 0.00569, continuation toward 0.00578–0.00595 remains possible. Losing 0.00563 would invalidate the bounce and put sellers back in control.
This is a classic post-breakout pause. The next candles will decide whether this was just a spike or the start of something stronger...
