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$FRAX | Technical Analysis
💰 Current Price: 0.8626
📈 Market Trend
FRAX is trading below key resistance, showing a weak-to-neutral trend. Price is consolidating after a downside move, suggesting the market is waiting for confirmation before the next major direction.
🔍 Technical Outlook
Price is holding above minor demand but still below trend resistance
Momentum remains cautious; buyers need a clear breakout to flip structure
Volume is relatively stable — no panic, no strong accumulation yet
🎯 Trade Setup (Trend-Based)
🔹 Short Setup (Trend Continuation)
Entry: 0.86 – 0.88 zone
Targets:
TP1: 0.84
TP2: 0.81
Stop Loss: Above 0.90
🔹 Long Setup (Only on Trend Shift)
Entry: Daily close above 0.90
Targets:
TP1: 0.94
TP2: 1.00
Stop Loss: Below 0.87
⚠️ Risk Management
Trade only with confirmation. Avoid over-leveraging while price is in consolidation.
📌 Market Sentiment: Neutral → Bearish until 0.90 breakout
🔔 Not financial advice. Always manage risk & wait for confirmation.
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