đŽ $GUA Bounced +27% â But This is a TRAP. Sell It.
Dead cat bounce confirmed. Price is at $0.8936 â still -47% from ATH $1.701. MA7 ($1.044) and MA25 ($1.16) are BOTH above as hard resistance. Funding still +0.019% â longs haven't given up yet. That's bearish.
đ Short the Bounce:
Entry: $0.85 â $0.95
SL: $1.05 (above MA7)
TP1: $0.629 · TP2: $0.480 · TP3: $0.273
R/R: 1:4+ đŻ
The smart play is simple: sell the bounce, let gravity do the work.
â ïž 2â3Ă max. DYOR.
$BNB
#GUA #BinanceFutures #CryptoShort #DeadCatBounce
Dead cat bounce confirmed. Price is at $0.8936 â still -47% from ATH $1.701. MA7 ($1.044) and MA25 ($1.16) are BOTH above as hard resistance. Funding still +0.019% â longs haven't given up yet. That's bearish.
đ Short the Bounce:
Entry: $0.85 â $0.95
SL: $1.05 (above MA7)
TP1: $0.629 · TP2: $0.480 · TP3: $0.273
R/R: 1:4+ đŻ
The smart play is simple: sell the bounce, let gravity do the work.
â ïž 2â3Ă max. DYOR.
$BNB
#GUA #BinanceFutures #CryptoShort #DeadCatBounce