$TOWNS SHOWING EXHAUSTION AFTER PUMP โ SHORT SETUP READY ๐ฅ
Entry: $0.00206 - $0.00210 ๐ฅ
Target: $0.00195 ๐
Stop Loss: $0.00226 โ ๏ธ
The explosive rally on $TOWNS hit a brick wall near the highs. That rejection candle on the 1H is textbook exhaustion โ buyers failed to push through and volume is already dropping off. Momentum is slowing, and if price stays below that recent peak, a pullback toward $0.00195 is the next logical move.
Risk-to-reward here is clean if you keep size tight. Are you shorting this rejection or waiting for a better entry?
Not financial advice. Always manage your risk.
#TOWNS #ShortSetup #Crypto #SellingPressure
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Entry: $0.00206 - $0.00210 ๐ฅ
Target: $0.00195 ๐
Stop Loss: $0.00226 โ ๏ธ
The explosive rally on $TOWNS hit a brick wall near the highs. That rejection candle on the 1H is textbook exhaustion โ buyers failed to push through and volume is already dropping off. Momentum is slowing, and if price stays below that recent peak, a pullback toward $0.00195 is the next logical move.
Risk-to-reward here is clean if you keep size tight. Are you shorting this rejection or waiting for a better entry?
Not financial advice. Always manage your risk.
#TOWNS #ShortSetup #Crypto #SellingPressure
โก
