š„ $FRAX ā BASE BREAKOUT & TREND REVERSAL IN PLAY š„
š $FRAX Long Setup
Current price: ~0.985
Entry zone: 0.96 ā 0.99
Targets:
ā¢ TP1: 1.15
ā¢ TP2: 1.45
ā¢ TP3: 2.00+ š
Stop loss: 0.90
āø»
š Why this setup is worth attention
ā¢ Strong rebound from the 0.76ā0.80 demand zone (+25% impulse)
ā¢ Price reclaimed and is holding above the key psychological level ~0.95
ā¢ Clear base formation after a long corrective phase
ā¢ Breakout attempt from a compressed range ā volatility expansion likely
ā¢ Upside structure remains clean with limited resistance overhead
š Main scenario:
As long as $FRAX holds above 0.95, bullish continuation remains the preferred path, with momentum favoring a push toward higher targets.
ā ļø Risk management first ā avoid chasing extended candles.
š Momentum is building again ā trend shift is underway, not the endgame yet.
