🔥 $FRAX — RANGE BREAK ATTEMPT, BASE BEING DEFENDED 🔥
📈 $FRAX Long Idea (1H–4H)
Current price: ~0.905
Entry zone: 0.88 – 0.91
🎯 Targets:
• TP1: 1.05
• TP2: 1.35
• TP3: 2.00 – 3.00 🚀
🛑 Stop loss: 0.85
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🔎 Market context & price action
• Extended accumulation below the psychological 1.00 level → energy built over time
• Multiple downside probes into 0.88–0.90 demand zone → sellers absorbed
• Recent impulsive reclaim of range mid → structure shifting bullish
• Pullback is shallow and controlled → no panic selling, strong bid support
• Volume expansion on the rebound → confirms real interest stepping in
📌 Primary scenario:
As long as 0.88 holds, FRAX remains in a bullish recovery structure.
A clean acceptance above 0.95–1.00 could open the door for a fast expansion toward 1.20–1.40, with higher timeframes targeting much higher levels if momentum sustains.
