$TOWNS /USDT Analysis (4H Chart)
Current Price: $0.0274 (−3.18%)
7 EMA: $0.0291 (price trading below = short-term weakness)
25 EMA: $0.0267 (holding as immediate support)
99 EMA: $0.0253 (major support & trend baseline)
🔎 Observations:
Price spiked to $0.036 but faced strong rejection, forming a bearish candle.
Currently testing $0.027–0.0267 zone (important support).
Breakdown below $0.0265 may drag price to $0.025.
Upside only resumes if price closes above $0.0295–0.030.
📌 Trade Setup:
✅ Long Setup (Only if support holds):
Entry: $0.0267 – $0.0270
Targets: $0.030 / $0.032 / $0.035
Stop Loss: Below $0.0252
❌ Short Setup (if breakdown happens):
Entry: $0.0265 break & retest
Targets: $0.0255 / $0.0250
Stop Loss: Above $0.0275
$TOWNS #TOWNSUSD