🚀 $GUA Market Update: Bulls Forcing Short Squeezes! Is the Next Leg Up Starting? 📈
$GUA is heating up big time, and the price action is looking incredibly juicy right now! After finding solid ground near the $1.32 – $1.35 support zone, GUA has printed a clean bullish continuation structure, currently trading around the $1.46 – $1.56 range.
The most exciting part? We just witnessed a massive short liquidation wave! The $1.57 zone turned into an absolute graveyard for the bears as a violent short squeeze wiped out short liquidity, forcing prices to reclaim higher levels.
Here is a breakdown of the structural setup and exactly how to play this momentum safely.
📊 Technical Setup & Key Levels
The Bullish Case: GUA is consistently defending its immediate dips. As long as the price sustains above the critical $1.35 support, the daily momentum remains strongly in favor of the buyers.
The Caution Zone: We are seeing minor consolidation near the heavy EMA resistances. Breaking and holding cleanly above $1.57 will act as the confirmation trigger for an explosive continuation move toward new local highs.
💹 Trade Setup (Steady Momentum Play)
If you are looking to catch the next wave, risk management is absolutely key here. Avoid chasing green candles blindly right under major resistance—wait for the right entries!
🎯 Ideal Entry Zone: $1.42 – $1.52 (On healthy retests/dip pullbacks)
🚀 Take Profit Targets:
TP 1: $1.60
TP 2: $1.75
TP 3: $1.85+ (Momentum Expansion)
🛡️ Invalidations / Stop Loss: Below $1.26 (Closing below this breaks the current structure)
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