$TOWNS REJECTED AT RESISTANCE – SHORT SETUP ACTIVE ⚡
Entry: 0.00206 – 0.00210 🔥
Target: 0.00195 / 0.00185 / 0.00174 🚀
Stop Loss: 0.00226 ⚠️
The sharp pump in
$TOWNS was met with a heavy rejection candle at the highs, signaling sellers are stepping in aggressively. Price is now struggling to hold above the entry zone, and momentum is fading fast on the lower timeframes. As long as the recent peak holds, a retrace toward the first target looks probable.
Given the extended move and the clear supply coming in, the probability of a deeper pullback is rising. Are you shorting this rejection or waiting for confirmation?
Not financial advice. Always manage your risk.
#TOWNS #ShortSetup #Bearish #Crypto #Exhaustion ⚡