fraxcrypto
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$FRAX Update:
Market Event: Price broke cleanly above a long-standing supply zone, triggering short-covering.
Implication: Trend continuation is likely as long as price stays above the former resistance.
Trade Levels:
Entry Zone: 1.30 – 1.34
Targets:
TG1: 1.42
TG2: 1.52
TG3: 1.65
Stop Loss: 1.24
Takeaway: Maintaining above 1.30 keeps the bullish structure intact.
#FRAXCrypto #BullishSetup #CryptoTrading #TrendContinuation #AltcoinGains
Market Event: Price broke cleanly above a long-standing supply zone, triggering short-covering.
Implication: Trend continuation is likely as long as price stays above the former resistance.
Trade Levels:
Entry Zone: 1.30 – 1.34
Targets:
TG1: 1.42
TG2: 1.52
TG3: 1.65
Stop Loss: 1.24
Takeaway: Maintaining above 1.30 keeps the bullish structure intact.
#FRAXCrypto #BullishSetup #CryptoTrading #TrendContinuation #AltcoinGains
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