๐ข $FRAX / USDT | ๐ด SHORT | โญ 70%
๐ฏ Target: $0.2544301. Will it get there?
๐ฏ Trading levels:
๐ด Entry: $0.2595
๐ Stop Loss: $0.262317
๐ TP1: $0.25443
๐ TP2: $0.251613
๐ TP3: $0.248234
๐ Analysis:
The market structure shows a clear downtrend across multiple timeframes, confirmed by a pattern of lower highs and support breaks. Trading volume has increased significantly, suggesting greater selling pressure on the asset. Although the relative strength indicator is at low levels, the persistent structural weakness supports this breakout scenario.
โ๏ธ Risk/Reward: 1:1.8
โฑ๏ธ Timeframe: 15M
#crypto #FRAX #trading #Bearish
๐ก This analysis is for educational purposes and does not constitute financial advice. Do your own research and make your decision calmly.
๐ฏ Target: $0.2544301. Will it get there?
๐ฏ Trading levels:
๐ด Entry: $0.2595
๐ Stop Loss: $0.262317
๐ TP1: $0.25443
๐ TP2: $0.251613
๐ TP3: $0.248234
๐ Analysis:
The market structure shows a clear downtrend across multiple timeframes, confirmed by a pattern of lower highs and support breaks. Trading volume has increased significantly, suggesting greater selling pressure on the asset. Although the relative strength indicator is at low levels, the persistent structural weakness supports this breakout scenario.
โ๏ธ Risk/Reward: 1:1.8
โฑ๏ธ Timeframe: 15M
#crypto #FRAX #trading #Bearish
๐ก This analysis is for educational purposes and does not constitute financial advice. Do your own research and make your decision calmly.