$GUA Pushing into Resistance Zone, Short with Discipline
Short GUA Trading Plan (10x)
👉Entry: 0.748 – 0.786
SL: 0.835
TP1: 0.700
TP2: 0.640
TP3: 0.580
GUA is pushing up to the 0.748 – 0.786 zone after a pullback from below. But don't get your hopes up, this zone is showing clear signs of resistance. The current movement looks sluggish, volume isn't explosive, and the overall structure still favors sellers.
The stop loss is placed at 0.835, a fairly clean level, above the resistance zone. If it gets swept, no regrets. If the price is rejected here, the targets 0.700 → 0.640 → 0.580 are entirely feasible.
The distance from entry to stop loss is quite wide (~6-11%). Divide your capital or consider lower leverage if you don't want to take on too much risk. The targets are far apart, so be patient and take profits gradually.
Do you think this area is stable? Or is there still an upward wave coming? Comment to discuss!