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$FRAX is currently trading around $0.5292, sitting in a key accumulation zone where price is stabilizing after recent downside pressure. Market structure shows slowing selling momentum, suggesting a possible bounce if support holds.

Entry Zone: $0.525 – $0.535

Targets:

TP1: $0.58
TP2: $0.62
TP3: $0.70

Stop Loss:
Below $0.50

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BTC/USD Market Analysis – Technical Breakdown

Current Price: $68,720.93
24H Change: -2.24%

Market Structure:
Bitcoin is currently trading below the key moving average levels, indicating bearish pressure in the short to medium term.

· MA(7): 69,044.84
· MA(25): 70,093.50
· MA(99): 70,425.88

The price is trading below all three major moving averages, suggesting a lack of bullish momentum. The downward slope of the MAs further supports a bearish outlook.

Momentum Indicators:

· RSI (14): 37.01
The RSI is approaching oversold territory but has not yet reached extreme levels. This indicates that while selling pressure is dominant, there may still be room for further downside before a potential reversal.

Key Levels to Watch:

· Resistance Zone: $69,045 – $70,425 (MA cluster)
· Support Zone: $68,075 – $67,737 (recent lows on the chart)

Outlook:
The current technical structure favors sellers. A sustained break below $68,000 could accelerate selling toward lower supports. Conversely, a reclaim of $69,500 would be needed to shift momentum back in favor of buyers.

Disclaimer: This is for informational purposes only and does not constitute financial advice. Always conduct your own research before trading.
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