š $TOWNS /USDT ā Short Opportunity in Overextended Move
TOWNS has rallied +14.95% in the last 24h, hitting a high of $0.03934 before showing signs of exhaustion. With price pulling back from the top and volume cooling, a short setup could offer a clean reversal play.
š» Short Trade Setup:
Entry Zone: $0.03620 ā $0.03640
Stop Loss: $0.03700
Targets:
TP1: $0.03480
TP2: $0.03320
Watch for rejection candles near the entry zone before taking a position ā confirmation is key.