$TOWNS USDT — SHORT-TERM BEARISH PRESSURE BUILDING
Price failed to sustain above the recent breakout zone near 0.03625 and has sharply retraced, indicating profit-taking and fading momentum. Sellers are stepping in aggressively, and if the current level around 0.0343 breaks, further downside toward support is likely.
Trade Setup (Short):
Entry Zone: 0.03420 – 0.03460
Target 1: 0.03320
Target 2: 0.03210
Stop Loss: 0.03630
Market Outlook:
Short-term trend leans bearish unless buyers reclaim 0.0355+ with volume. A breakdown below 0.0333 could open the door to deeper corrections. Watch order book imbalances for early cues.