"TOWNSUSDT – SHORT-TERM TREND UPDATE"
🎯 Current price: 0.03219 USDT, down more than 22% in just one session.
📉 The 1-hour chart shows a clear downtrend, with the price below the EMA(9) line – indicating a weak market.
📊 RSI(9) is around 30, approaching the oversold region. However, there is no clear bounce from the nearest bottom at 0.03103 yet.
💸 The cash flow is gradually decreasing, with trading volume weakening after the strong dump on August 5th.