$TOWNS /USDT – Bearish Pressure Easing, Potential Short-Term Bounce 📉➡️📈

$TOWNS has been under heavy selling pressure, dropping -8.71% in the last 24H from a high of $0.03928 to a recent low of $0.03131. On the 15m chart, the price is still trading below the EMA(25) $0.03238 and EMA(99) $0.03378, indicating the broader trend remains bearish. However, the EMA(7) $0.03186 has just been reclaimed, showing early signs of a possible short-term relief bounce.

If buyers manage to push above the EMA(25), we could see momentum shift toward a recovery phase, but failure to break above could trigger another sell-off toward recent lows.

📍 Trade Setup (Short-Term Bounce Play):

Entry Zone: $0.03200 – $0.03210

🎯 TP1: $0.03238

🎯 TP2: $0.03278

🎯 TP3: $0.03320

🛡️ SL: $0.03170

💡 Pro Tip: Watch for a 15m close above $0.03240 with volume for a stronger confirmation of reversal; otherwise, remain cautious as the macro trend is still bearish.

If you want, I can also make you a Bearish Continuation Setup in case $TOWNS rejects EMA(25). That way you’ll be prepared for both scenarios.

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