I am watching $TOWNS and wao… what a sudden move 🚀
Price exploded from the 0.0037 area and pushed straight up to around 0.0050. That’s a strong impulse move. Right now price is cooling down and reacting near the 0.0048 resistance zone.
For me the key level is 0.0048.
If price breaks and holds above this zone, we could see another push toward 0.0052 – 0.0054.
But if this resistance keeps rejecting price, a pullback to 0.0043 – 0.0042 support wouldn’t surprise me.
I am curious what you guys think 👀
Is this just a small pullback before the next pump…
or are we going to see a deeper retracement first? 📉📈
TOWNSUSDT
Perp
0.003281
-7.23%