$TOWNS /USDT BEARISH ANALYSIS

TOWNS/USDT is losing momentum as the price trades at $0.03138 (+3.22%), but it remains below key moving averages, showing pressure from sellers near resistance.

Key Levels

Support Levels: $0.03106 – $0.03000 – $0.02962

Resistance Levels: $0.03191 – $0.03276 – $0.03319 – $0.03344

Price is under MA(7) & MA(25), and only slightly above MA(99), which indicates weakness unless bulls reclaim higher zones.

Trade Setup (Short Entry)

Entry Zone: $0.03170 – $0.03190

Take Profits (TP):

TP1: $0.03106

TP2: $0.03000

TP3: $0.02962

Stop Loss (SL): Above $0.03280 ❌

Risk Management

Risk 2–3% per trade, secure profits at first targets, and trail SL to protect gains

TOWNS looks bearish below $0.03200 and may test lower supports if buying volume doesn’t return!

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