🔍 $TOWNS — Trying to Hold the Line After the Drop
💰 Price: $0.02911
📊 24H Range: $0.02842 – $0.03410
📈 24H Change: -14.31%
TOWNS took a heavy hit today, sliding to $0.02842 before finding some support. On the 15m chart, price is now hovering just above EMA 9 and EMA 21, but still below EMA 50 — meaning bulls need stronger momentum to flip the short-term trend.
🎯 Hunters Setup
• Breakout Entry: $0.02970 – $0.02990
• Pullback Entry: $0.02890 – $0.02900
• 🛡️ SL: $0.02840
• 🎯 TP: $0.03080
• ⚖️ RR: ±2.0
🔧 Tech Snapshot
The consolidation around $0.029 is forming a potential base. A clean break above EMA 50 ($0.02961) could open the door for a quick push toward the $0.0305 – $0.0311 resistance zone. Until then, caution is key as the market is still digesting the sharp drop.
Today, TOWNS is like a soldier taking a breather — battered but not out, waiting for the signal to charge forward again.