$TOWNS USDT – SHORT-TERM BOUNCE, BUT BEARS STILL HOLD THE REINS! ⚠️📉

Despite a minor recovery from the $0.02942 low, $TOWNSUSDT continues to struggle below key resistance levels. The MACD remains weak with a barely positive histogram, and price action is still forming lower highs — a sign of distribution. Unless a breakout above $0.03250 occurs with volume, this bounce looks like a classic dead cat rally before further downside.

📉 Short Trade Setup:

Entry Zone: $0.03120 – $0.03170

Take Profit 1: $0.03010

Take Profit 2: $0.02940

Stop Loss: $0.03285

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📊 Market Outlook: Trend structure is still bearish. Price rejection from the $0.03273 level and a failure to maintain above $0.03170 signals exhaustion in buying pressure. Watch for increased selling if price breaks $0.03090 — confirmation of continuation downwards.

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buy and trade here on $TOWNS