$TOWNS /USDT – STRUGGLING TO STABILIZE AFTER SHARP SELL-OFF! ⚠️
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$TOWNS faced a heavy drop of over 15%, plunging from its intraday high of $0.03823 down to the $0.02893 support. A small recovery attempt is underway, but momentum remains weak and MACD shows no strong bullish crossover yet. Unless volume spikes and buyers reclaim key resistance levels, the pair may revisit lower zones again.
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🔻 SHORT TRADE SETUP
• Entry Zone: $0.03150 – $0.03250
• Take Profits:
• TP1: $0.03020
• TP2: $0.02930
• TP3: $0.02800
• Stop Loss: $0.03320
📊 Market Outlook:
Volume surges appear unsustained, and the MACD is currently flat with a weakening histogram. If bulls fail to push above $0.033, bears could regain control. Consolidation near $0.030 suggests indecision, but breakdown risk remains unless key resistance flips to support.
#TOWNS #CryptoAlert #BearishSetup
buy and trade here on $TOWNS
buy and trade