$FRAX USDT Perpetual Contract - Short Signal
The price is encountering strong resistance near 1.0790, and current momentum is weakening. After a sharp rise, sellers are entering the market, and there is a high possibility of a short-term pullback.
Trade Setup (Short):
· Entry: 1.0720 – 1.0760
· Take Profit Targets: 1.0500 — 1.0000 — 0.9300
· Stop Loss: 1.0850
Momentum weakens after the price meets resistance. Consider short positions cautiously under strict risk management.
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FRAXUSDT
Perp
0.9507
+22.46%