$TOWNS / USDT Bullish Reversal Building After Strong Demand Reaction

TOWNS is showing a clear recovery on the 1H timeframe after defending the lower demand zone. Price action is forming higher lows, indicating improving bullish momentum and growing buyer confidence.

Market Insight

Strong bounce from demand support

Selling pressure has faded

Bullish candles gaining control

Key Levels

Support zone 0.00550 – 0.00540

Resistance zone 0.00600 – 0.00640

Trade Setup

Entry zone 0.00575 – 0.00595

Targets

TP1 0.00600

TP2 0.00625

TP3 0.00650

Risk Management

Bullish structure invalid below 0.00530

Outlook

As long as price holds above the support area, further upside continuation is likely. A confirmed break above 0.00600 can strengthen bullish momentum and open the way for higher targets.

TOWNSUSDT

Perp

0.004822

-4.32%