$GUA setup looking a bit risky up here 👀
GUAUSDT
Perp
1.128
-18.13%
This bounce has brought price right back into the zone where the breakdown originally started — and that’s usually where trapped sellers start getting out, adding more pressure to the upside.
The recovery itself doesn’t look that strong compared to the previous dump. Structure is still broken, and right now it feels more like a simple retest of resistance than a real reversal.
If this area gets rejected, we could easily see price slide back toward the 0.60 level… maybe even lower.
Trade Idea (SHORT):
🔻 Entry: 0.7670 – 0.7700
🛑 SL: 0.7950
🎯 TP1: 0.7200
🎯 TP2: 0.6600
🎯 TP3: 0.6021
Stay patient and don’t chase — let the rejection confirm first. 📉