$FRAX IS BUILDING AN AUCTION PATTERN FOR A STRUCTURAL BREAKOUT ๐ฅ
Entry: 0.2665โ0.2680 ๐ฅ
Target: 0.2710 ๐
Stop Loss: 0.2620 โ ๏ธ
This auction setup on $FRAX mirrors classic accumulation before a liquidity breakout. The entry zone sits just above the order block that held the last sell-off, and the 1H RSI is printing higher lows โ a clear divergence signal. Volume compression suggests the squeeze is imminent.
With a 1:1.5 R:R on the first target alone, do you see this sweeping the 0.2750 level or fading early?
Not financial advice. Always manage your risk.
#FRAX #Breakout #AuctionPattern #Altcoins #Crypto
๐ฅ
Entry: 0.2665โ0.2680 ๐ฅ
Target: 0.2710 ๐
Stop Loss: 0.2620 โ ๏ธ
This auction setup on $FRAX mirrors classic accumulation before a liquidity breakout. The entry zone sits just above the order block that held the last sell-off, and the 1H RSI is printing higher lows โ a clear divergence signal. Volume compression suggests the squeeze is imminent.
With a 1:1.5 R:R on the first target alone, do you see this sweeping the 0.2750 level or fading early?
Not financial advice. Always manage your risk.
#FRAX #Breakout #AuctionPattern #Altcoins #Crypto
๐ฅ
