$TOWNS just printed a clean exhaustion move — breakout into 0.00396 followed by immediate rejection back into range.
The 4h failed to hold highs and the 15m shows weak follow-through. This is distribution, not continuation.
Bias: Short
Entry: 0.00336–0.00340
SL: 0.00348
TP1: 0.00320
TP2: 0.00305
TP3: 0.00285
If price can’t reclaim 0.00350 quickly, trapped buyers turn into sell pressure.