$TOWNS /USDT short trade signal 🚦 🛑
BEARS REJECT BREAKOUT – DOWNSIDE MOVE BACK IN PLAY
$TOWNS failed to hold above the $0.03520 resistance, facing sharp selling pressure after the recent spike. Price is now slipping back below key levels, signaling a potential retracement toward lower support. Sellers are stepping in aggressively, and momentum is shifting in their favor.
Trade Setup (Short):
Entry Zone: $0.03440 – $0.03460
Take Profit 1: $0.03350
Take Profit 2: $0.03260
Stop Loss: $0.03559
Market Outlook:
The trend is showing early signs of reversal on lower timeframes, with rejection candles forming near major resistance. A sustained drop below $0.03400 could accelerate bearish momentum, dragging price toward the $0.03250 zone. Keep an eye on volume — a spike on breakdown could confirm further downside.
#TOWNS #CryptoTrading #PriceAnalysis #Binance #USDT
buy and trade here on $TOWNS