$GUAC still below red dotted line. Levels updated with targets
A couple of short term targets in purple boxes for $GUAC. I've been reviewing more about this SOL meme coins. Two factors into play that are relevant for the space> 1. low fees and competitive swap rates with ETH, vs. Going into ETH chain and buying
PEPE
and then swapping back to take profits. $GUAC does a better job at this along other SOL meme coins. 2. No. 1 allow for smaller traders to jump in the bandwagon with smaller wallets. I'm curious about those long wicks to the downside. It seems like their is a liquidity pool in place which makes me wonder if $GUAC is probably poised to become another $1 bn market cap meme coin. Time will tell. In the end what you have to think is what if this thing goes to $0, and right size accordingly. This is the reason why so many people could get wrecked with the tide goes down, those folks betting the farm to buy meme coins just because a furu told them to will later regret it. I think some of these coins could make a run, depending on how well the teams execute their strategy but that is a hard assumption in many cases. Do you own due diligence. Don't listen to furus. Chart your own charts. Think critically about whether $GUAC could do better than other companies with the same market cap.
PEPE
and then swapping back to take profits. $GUAC does a better job at this along other SOL meme coins. 2. No. 1 allow for smaller traders to jump in the bandwagon with smaller wallets. I'm curious about those long wicks to the downside. It seems like their is a liquidity pool in place which makes me wonder if $GUAC is probably poised to become another $1 bn market cap meme coin. Time will tell. In the end what you have to think is what if this thing goes to $0, and right size accordingly. This is the reason why so many people could get wrecked with the tide goes down, those folks betting the farm to buy meme coins just because a furu told them to will later regret it. I think some of these coins could make a run, depending on how well the teams execute their strategy but that is a hard assumption in many cases. Do you own due diligence. Don't listen to furus. Chart your own charts. Think critically about whether $GUAC could do better than other companies with the same market cap.