$FRAX is printing a technical bounce from demand, but overall structure remains corrective below major resistance
1h chart shows strong reaction from 0.740 support, short-term higher lows forming, but price is still capped below EMA99 (~0.815), indicating a relief rally within a broader bearish trend.
LONG 0.775 - 0.790
TP1 0.805, TP2 0.820, TP3 0.840
🛑 Stop Loss 0.748
Counter-trend long favored for a corrective push; take profits aggressively as sellers are expected near 0.82–0.84 zone.
Trade here👇
FRAXUSDT
Διην.
0.7447
-2.70%