What’s Going On
has lost its peg strength and is under heavy pressure. Price dropped sharply from higher levels, showing clear loss of buyer confidence. This move is not random — it’s a structural breakdown, and volatility is far from over.
Market Structure
FRAX is trading well below the psychological 1.00 zone, which has now flipped into strong resistance. Every bounce is facing selling pressure, meaning bears still control the short-term trend.
Resistance Zones
0.90 to 0.93 is the first rejection area where sellers are active
1.00 remains the major supply and trend-flip zone
Above 1.10, sentiment would start stabilizing again
Support Zones
0.80 to 0.79 is immediate demand where price is trying to hold
Below this, 0.75 becomes the next downside liquidity zone
Trade Bias
Below 0.90, structure favors short setups on pullbacks
Only a strong reclaim and hold above 1.00 would invalidate bearish momentum
FRAX is at a critical trust level — expect sharp reactions from these zones. Trade levels, not emotions 💎
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