TOWNS/USDT - Bear Flag Consolidating on the 30m ๐ฉ
Sharp flagpole drop of -4.2% on July 10, followed by a tight consolidation channel that's held for over 12 hours now. Support has been tested 9 times, resistance twice the range is well-defined.
Volume has faded significantly since the initial drop, which is typical flag behavior as the market pauses before its next decision.
No targets or levels here just tracking how this structure resolves. DYOR before making any decisions. ๐ง
#ChartScout #TOWNS #bearflag #CryptoTA #priceaction
Sharp flagpole drop of -4.2% on July 10, followed by a tight consolidation channel that's held for over 12 hours now. Support has been tested 9 times, resistance twice the range is well-defined.
Volume has faded significantly since the initial drop, which is typical flag behavior as the market pauses before its next decision.
No targets or levels here just tracking how this structure resolves. DYOR before making any decisions. ๐ง
#ChartScout #TOWNS #bearflag #CryptoTA #priceaction