$TOWNS /USDT – MASSIVE SPIKE, BUT BEARISH REJECTION AT THE TOP
$TOWNS exploded from $0.02460 to $0.07500, gaining over 200% in a single 4H candle before quickly rejecting. The strong wick and red follow-up candles suggest profit-taking and potential downside ahead if $0.033 fails to hold.
Short Setup:
Entry: $0.03750 – $0.03950
SL: $0.04480
TP1: $0.03400
TP2: $0.03000
TP3: $0.02650
Watch for consolidation or further rejection as the hype cools off.
