đŸ”„ $FRAX — RANGE BREAK & CONTINUATION SETUP đŸ”„

📈 $FRAX LONG IDEA

Entry: 0.90 – 0.94

Stop Loss: 0.70

Take Profit:

‱ TP1: 1.05

‱ TP2: 1.16

‱ TP3: 1.50

‱ TP4: 2.30 – 2.40 🚀

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🔍 Bullish Thesis

‱ Price reclaimed key range level around 0.90 after a sharp reaction

‱ Clear base + sweep below support → bullish reversal signal

‱ No heavy resistance until the 1.15–1.20 zone

‱ Structure favors continuation if price holds above 0.88–0.90

⚠ Volatility is present. Scale in patiently, secure partials at TP1, and trail stop once price confirms above 1.00.

FRAX
FRAXUSDT
0.7024
+3.67%