$FRAX

FRAX
FRAXUSDT
0.7832
-15.07%

BEARISH BREAKDOWN SETUP

FRAX/USDT is showing signs of weakness after failing to sustain above the key resistance level. The price is forming a lower high pattern and facing selling pressure, indicating a potential bearish continuation. The market structure suggests that sellers are taking control, and the next move could be a downside breakdown.

Market Outlook

As long as FRAX remains below the resistance zone, the bearish trend is likely to continue. A break below the support area will confirm the downside momentum, opening the path for further decline.

Entry Zone

0.995 – 1.005

Targets

TP1: 0.980

TP2: 0.960

TP3: 0.940

Stop Loss

1.015

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