TOWNS has dropped by 142.86% following a significant wave of selling in the latest trading session.

On September 19, 2025,

plummeted by 218.72% in the span of 24 hours, dropping to $1.113. Over the past week, TOWNS saw a decrease of 737.37%, while the past month brought a surge of 1047.43%. However, on a yearly basis, the token is down by 1898.55%.

In the most recent 24 hours, TOWNS experienced a sharp decline of 218.72%. This steep drop followed a substantial rally of 1047.43% in the previous month, emphasizing the token’s high volatility as market dynamics shift. The abrupt downturn took many investors by surprise, wiping out almost all of the previous month’s gains.

From a technical standpoint, TOWNS has now entered a bearish trend, breaking below significant support thresholds that once helped prevent further losses. The price has settled under $1.113, a point that could act as a temporary base if buyers return to slow the decline. Experts believe the asset might stay under selling pressure until it approaches or breaches the psychological $1.00 level.

Market sentiment toward TOWNS has quickly reversed over the last week. After a dramatic 30-day rally of 1047.43%, the market appears to have corrected excessively, as traders took profits or hesitated to buy at higher prices. The aggressive sell-off could indicate that bullish momentum has faded, with short-term participants cashing out and longer-term holders reconsidering their positions.

The weekly drop of 737.37% highlights ongoing instability in the wider market and hints at changes in how investors are reacting. With little in the way of solid support above current price levels, the risk of continued declines increases, especially without fundamental developments to reignite investor interest.

TOWNS has lost upward momentum, as shown by the divergence between its price and major technical metrics. Both the Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD) have shifted into negative territory, reflecting a bearish outlook. Should this trend persist, the next important support is likely to be found near $0.90.