๐Ÿ”ฅ $FRAX โ€” RANGE BREAK & CONTINUATION SETUP ๐Ÿ”ฅ

๐Ÿ“ˆ $FRAX LONG IDEA

Entry: 0.90 โ€“ 0.94

Stop Loss: 0.70

Take Profit:

โ€ข TP1: 1.05

โ€ข TP2: 1.16

โ€ข TP3: 1.50

โ€ข TP4: 2.30 โ€“ 2.40 ๐Ÿš€

โธป

๐Ÿ” Bullish Thesis

โ€ข Price reclaimed key range level around 0.90 after a sharp reaction

โ€ข Clear base + sweep below support โ†’ bullish reversal signal

โ€ข No heavy resistance until the 1.15โ€“1.20 zone

โ€ข Structure favors continuation if price holds above 0.88โ€“0.90

โš ๏ธ Volatility is present. Scale in patiently, secure partials at TP1, and trail stop once price confirms above 1.00.

FRAX
FRAXUSDT
0.7112
+4.05%