
After a prolonged downtrend, TOWER has successfully formed a solid double-bottom structure right around the 0.0001336 mark. The sellers tried to push it lower but failed to create a new low.
The Technical Indicator: Look at the MACD down at the bottom—the momentum lines are tightly coiled and preparing for a bullish crossover (DIF: -0.0000033 / DEA: -0.0000038). The price is tightly hugging the lower boundary, indicating a breakout or squeeze is imminent.
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