📌 Pair: $TOWNS /USDT (15m)
💰 Entry: 0.03130
🛡️ Stop Loss (SL): 0.02990
🎯 Take Profit (TP): 0.03280
📊 Reasoning:
• Price recently hit a strong intraday low at 0.02996, which could act as a short-term support.
• Current bounce attempt is forming after heavy selling, suggesting a possible dead cat bounce or relief rally.
• MA(7) is still below MA(25) and MA(99), showing bearish momentum — so this is a countertrend scalp, not a trend-following trade.
• Bid strength slightly above 51%, indicating buying interest at current levels.
• Risk-to-reward ~ 1:1.5 targeting the previous intraday resistance near 0.03280.
⚠️ Note: This setup is only valid if the price stays above 0.0300 in the next few candles; otherwise, further downside is likely.