$TOWNS /USDT – Heavy Sell-Off but Holding Key Support! 🔻
Momentum Analysis:
$TOWNS faced strong selling pressure today, dropping -16.94% after failing to sustain above 0.03658. Price is now hovering near the 0.03000 psychological level — a key short-term support. A bounce from here could spark a quick relief rally, but a breakdown may extend losses toward 0.02850.
Long Setup:
Entry Zone: 0.02990 – 0.03030
Targets:
T1: 0.03250
T2: 0.03420
T3: 0.03650
Stop Loss: 0.02840
Breakout Confirmation: Above 0.03300 with strong volume.
Key Support: 0.02980
Pro Tip for Traders:
Watch the 0.03300 level closely — if bulls reclaim it with momentum, short-covering could accelerate gains. Avoid chasing if volume stays weak.
Trading Data:
Price: 0.03016
Change: -16.94%
24h High / Low: 0.03658 / 0.02985
24h Vol (TOWNS): 608.21M
24h Vol (USDT): 20.10M
Depth Levels: 0.03281 / 0.03218 / 0.03156 / 0.03095 / 0.03033 / 0.03016
Timestamps: 2025-08-12 11:15, 13:30, 15:45