$TOWNS S/USDT technical breakdown from your data:

1. Price vs EMA Levels

Current Price: 0.02895

EMA(7): 0.02904 → slightly below short-term EMA.

EMA(25): 0.02928 → also below medium-term EMA.

EMA(99): 0.03088 → clearly below long-term EMA.

📌 This is a bearish alignment — short-term, medium-term, and long-term momentum are all tilted downward.

2. Support & Resistance

Resistance:

R1: 0.02904 (EMA7)

R2: 0.02928 (EMA25)

R3: 0.03018–0.03084 (strong zone)

R4: 0.03166–0.03248 (recent highs)

Support:

S1: 0.02848 (24h low)

S2: 0.02839 (recent intraday low)

S3: 0.02780 (next historical support)

3. Volume & Momentum

24h Vol: 508.35M TOWNS / 15.92M USDT — high liquidity, but current candle structure suggests selling pressure.

Price dropped -12.67% from a high of 0.03409, indicating strong intraday bearish sentiment.

MACD likely in negative territory, consistent with EMA positioning.

4. Outlook

Bearish bias unless price reclaims 0.02928 (EMA25) on a closing basis.

If 0.02848 breaks, next likely target is 0.0278 support.

Bulls need a bounce with strong volume above 0.0293 to challenge 0.030+ levels again.

If you want, I can prepare a TOWNS short-term trade map with exact breakout and breakdown triggers so you’re ready for either move. That would help given how volatile this -12% drop is.

#ETH5kNext? #REVABinanceTGE #BNBBreaksATH #BNBBreaksATH #ETHRally $TOWNS