$TOWNS /USDT – REJECTION FROM SUPPLY ZONE INDICATES BEARISH CONTINUATION!
$TOWNS attempted to push above the 0.03145–0.03280 resistance, but multiple rejections in the 15M zone signal strong bearish pressure. Price is now consolidating just below key resistance — and with fading bullish momentum, a potential downward move is on the table.
SHORT TRADE SETUP
• Entry Zone: 0.03120 – 0.03150
• Take Profit Targets:
✔️ TP1: 0.02980
✔️ TP2: 0.02680
• Stop Loss: 0.03285 (above key rejection zone)
Market Outlook:
After a fakeout above the resistance band, the price is showing distribution signs. Short-term momentum favors sellers, and unless bulls reclaim 0.0328+, expect further downside action.
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buy and trade here on $TOWNS