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$FRAX EXTENDED +29% – WHALES ROTATING SHORT FOR PEG REVERSION! 📉
Price is stalling under $1.24 resistance with MACD cooling & RSI neutral. The L/S ratio dropped to 0.76 as smart money shifts short, betting on a return toward the $1.00 peg.
🎯 Short Setup:
Entry Zone: $1.19 – $1.22
Take Profit Targets: $1.10 → $1.0 → $0.92
Stop Loss: $1.29
Most short whales are positioned near $1.165, capping upside. A loss of $1.18 could accelerate downside.
Trade the peg reversion. Manage risk. ⚡
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