$FRAX Update:

Market Event: Price broke cleanly above a long-standing supply zone, triggering short-covering.

Implication: Trend continuation is likely as long as price stays above the former resistance.

Trade Levels:

Entry Zone: 1.30 – 1.34

Targets:

TG1: 1.42

TG2: 1.52

TG3: 1.65

Stop Loss: 1.24

Takeaway: Maintaining above 1.30 keeps the bullish structure intact.

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