$FRAX #CryptoTrading #MarketAnalysis
FRAX is showing strong rejection at its resistance zone, signaling a possible bearish move in the short term. Here’s the detailed setup for traders:
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⚡ Trade Analysis
Entry Zone: 0.860 – 0.875
The price has pulled back into this zone after failing to break higher. This is a key resistance range.
Bearish Below: 0.890
If FRAX fails to break above 0.890, it confirms downward pressure.
Stop Loss (SL): 0.905
Protect your trade if the market unexpectedly reverses above resistance.
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🎯 Targets (TP)
1. TP1: 0.835 — First support zone
2. TP2: 0.810 — Stronger support, secondary bearish target
3. TP3: 0.780 — Aggressive target if momentum continues
This setup favors short-term sellers waiting for the market to reject the resistance.
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🔍 Technical Insight
FRAX is struggling to maintain above 0.890, showing bearish sentiment at this level.
Price action indicates that sellers are dominating near the top of the range.
If support at 0.835 fails, the next levels (0.810 / 0.780) may come into play.
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⚠️ Risk Management
Always follow SL at 0.905 — trading FRAX at resistance carries risk, especially in volatile markets.
Keep an eye on macro trends like stablecoin flows, crypto market sentiment, and global liquidity conditions.
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🔥 Summary
Resistance Rejection Confirmed → Bearish
Entry: 0.860 – 0.875
Targets: 0.835 / 0.810 / 0.780
Stop Loss: 0.905
This is a range-based short-term trade that aligns with current market weakness in FRAX.
#FRAX # #CryptoTrading # #RangeResistance # #BearishSetup #StablecoinAnalysis