#Congratulation

$TOWNS / USDT: Momentum Fading – Short Alert! 📉

$TOWNS is showing classic signs of short-term exhaustion as it hits a major resistance wall. After a solid rally, momentum is rolling over, and buyers are struggling to push the price higher. This setup points toward a potential profit-taking phase and a retest of lower support levels.

📊 Trade Setup (Short)
Entry Zone: 0.00660 – 0.00670 🔴
Stop Loss: 0.00695 🛡️
🎯 Take Profit Levels
TP1: 0.00640 (Immediate Support)
TP2: 0.00615 (Key Liquidity Pool)
TP3: 0.00585 (Major Pullback Target 📉)

💡 Why we are Bearish here:
The 1H timeframe reveals a clear rejection at the upper range. When price fails to reclaim recent highs on weakening volume, it typically leads to a mean reversion. As long as we stay below the Stop Loss level, the path of least resistance is toward the support zones.

Market Sentiment: Sellers are starting to show aggression around the 0.00670 area. Watch for a break below TP1 to confirm the downward acceleration!

What’s your take? Is $TOWNS heading for a deeper correction, or will the bulls defend the support? Drop your views below! 👇

{future}(TOWNSUSDT)

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