$GUA Short Bias
I’m seeing strong rejection from the 0.151 area. That dump killed upside momentum, and price is now stuck below resistance in a weak range. Lower highs are holding, sellers are clearly defending, and any push up just traps late buyers. I’m calm on bounces and focused on the downside.
Why this setup works
Price failed to hold above a key resistance and immediately showed weakness. Lower highs confirm sellers are in control, and the range above is thin. This favors a continuation move down as trapped buyers exit and momentum shifts fully to sellers.
Trade Setup
Entry Zone: 0.143 – 0.147
Target Points:
TP1: 0.139
TP2: 0.135
TP3: 0.131
Stop Loss: 0.152
As long as price stays below resistance, I’m sticking with the short idea.
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