đĽ $FRAX â BASE BREAKOUT & TREND REVERSAL IN PLAY đĽ
đ $FRAX Long Setup
Current price: ~0.985
Entry zone: 0.96 â 0.99
Targets:
⢠TP1: 1.15
⢠TP2: 1.45
⢠TP3: 2.00+ đ
Stop loss: 0.90
⸝
đ Why this setup is worth attention
⢠Strong rebound from the 0.76â0.80 demand zone (+25% impulse)
⢠Price reclaimed and is holding above the key psychological level ~0.95
⢠Clear base formation after a long corrective phase
⢠Breakout attempt from a compressed range â volatility expansion likely
⢠Upside structure remains clean with limited resistance overhead
đ Main scenario:
As long as $FRAX holds above 0.95, bullish continuation remains the preferred path, with momentum favoring a push toward higher targets.
â ď¸ Risk management first â avoid chasing extended candles.
đ Momentum is building again â trend shift is underway, not the endgame yet.
