$FRAX USDT just cooled after a sharp expansion, but momentum still breathes beneath the surface. The impulsive climb shows strong demand while the pullback looks controlled, not broken. Buyers are defending structure and volatility is compressing, hinting a decision move soon.
Support sits near 1.05 then 0.98 where buyers previously stepped in with force. Resistance stands around 1.12 followed by the recent peak zone near 1.30 where sellers reacted hard.
Entry zone 1.05 to 1.08 on stability and slowing sell pressure
Target one 1.12
Target two 1.22
Extended target 1.30 if momentum ignites
Stop loss below 0.98 to protect capital
This is a patience trade. Let price settle, then ride the wave when confidence returns. Fear is fading, strength is rebuilding, and FRAX looks ready to breathe fire again.
#MarketRebound #BTC100kNext? #BTCVSGOLD
FRAX
0.6557
-7.60%