๐ฅ $FRAX โ RANGE BREAK & CONTINUATION SETUP ๐ฅ
๐ $FRAX LONG IDEA
Entry: 0.90 โ 0.94
Stop Loss: 0.70
Take Profit:
โข TP1: 1.05
โข TP2: 1.16
โข TP3: 1.50
โข TP4: 2.30 โ 2.40 ๐
โธป
๐ Bullish Thesis
โข Price reclaimed key range level around 0.90 after a sharp reaction
โข Clear base + sweep below support โ bullish reversal signal
โข No heavy resistance until the 1.15โ1.20 zone
โข Structure favors continuation if price holds above 0.88โ0.90
โ ๏ธ Volatility is present. Scale in patiently, secure partials at TP1, and trail stop once price confirms above 1.00.

FRAXUSDT
Perpetuu
0.7112
+4.05%