🚨 $FRAX
/USDT PUMP 43% – RSI HAS ALREADY REACHED 80.56 (EXTREMELY OVERBOUGHT!)
FRAX/USDT surged from 0.7500 to 1.1480 in 24 hours! But the RSI at 80.56 is already very overbought – this is a dangerous zone for new purchases!
CRITICAL LEVEL:
· Support (correction target): 1.1291 → 1.0000 → 0.9027 (MA7)
· Resistance (currently): 1.1480 (High 24 hours) → 1.2201
⚠️ WARNING – DO NOT FALL FOR FOMO!
Here’s the wise choice:
1. TAKE PROFIT if you’ve been holding from the bottom.
2. WAIT FOR A CORRECTION before buying:
· Entry later at: 1.0000 – 1.0500
· TP: 1.1000 → 1.1300
· SL: 0.9800
3. SHORT (very high risk) – only for experienced traders:
Entry: 1.1400 – 1.1470
TP: 1.1000 → 1.0500
SL: 1.1550
High volume 236M indicates good liquidity, but also significant profit-taking potential.
If it breaks 1.1480, there may still be a little room to 1.2201, but the risk is much greater!
Remember: "Buy on rumor, sell on news." A 43% pump already includes the news!
⬇️ Comment: Have you been holding FRAX from the bottom or are you just planning to buy now?
#FRAXUSDT #OverboughtAlert #PumpAndDump #CryptoIndonesia #BinanceSquare