$FRAX 📊 Analysis and Recommendation for FRAX/USDT

The FRAX currency is experiencing strong momentum after a clear breakout of the $1.00 area, with the upward trend continuing on the short and medium time frames. The current price is around $1.24, and the appearance of higher highs and higher lows indicates the strength of buyers. The RSI indicator is at relatively high levels (close to 70), which means a slight correction is possible before continuing the rise. The MACD indicator is positive and supports the continuation of the trend.

🔹 Support: 1.15 – 1.10

🔹 Resistance: 1.30 then 1.40

📈 Recommendation: Buy on any correction, with gradual profit-taking.

⚠️ Capital management is essential.

FRAXUSDT

Perp

0.7882

-9.47%