$FRAX Bullish Reversal: Support Holding Strong! 🚀 Is a Retest of $1.50 Imminent? 📈💎🔥

FRAX (DeFi) is showing a textbook recovery structure on the 4-hour chart. After a healthy correction from the $1.49 level, the price has successfully found support near the $1.06 zone and is now gaining bullish momentum! 📈🚀

Technical Insights:

✅ Bullish Market Structure: The price is consistently forming "Higher Lows," confirming that the long-term uptrend is still intact.

📊 Buyer Dominance: Over 52% of orders are on the buy side, showing strong accumulation at current levels.

📈 Next Targets: A clean breakout above $1.25 will likely trigger a rapid rally toward $1.40 and the previous high of $1.49.

🎯 Trade Setup:

🟢 Entry Zone: $1.12 - $1.17

🎯 Target 1: $1.30

🎯 Target 2: $1.45

🎯 Target 3: $1.55+

$FRAX

🛑 Stop Loss: $1.02 (Essential for risk management)

The sentiment is turning bullish again for DeFi tokens. Are you holding $FRAX for the next leg up? Let's track the breakout! 🚀🛡️💎

#FRAX #DeFi #Bullish #TechnicalAnalysis #TradeSignal #BinanceSquare