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$TOWNS TOWNSUSDT | 1H | Bearish Breakdown
Bias: Short
Entry Zone: 0.00200 to 0.00203
Stop Loss: 0.00212
Targets:
TP1: 0.00196
TP2: 0.00192
TP3: 0.00187
Invalidation:
Close above 0.00212
Why This Setup:
I’m seeing a clear bearish continuation structure with repeated lower highs and a strong rejection from the 0.00220 to 0.00230 area. I want a breakdown or failed retest near current support to confirm downside continuation toward the prior lows.