$TOWNS BEARISH PULLBACK — PRICE LOSING MOMENTUM AFTER SPIKE
$TOWNS surged to $0.07500 before facing heavy rejection, now consolidating around $0.04001. Sellers are showing pressure near moving averages, signaling a potential pullback if support at $0.03850 fails.
Trade Setup (Short):
Entry Zone: $0.04000 – $0.04050
Take Profit 1: $0.03850
Take Profit 2: $0.03680
Stop Loss: $0.04150
Market Outlook:
The momentum is cooling after the sharp rally. If fails to reclaim $0.0415 resistance, a deeper correction toward the lower support levels may follow.
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buy and trade here on $TOWNS