$FRAX / USDT | Stability That Misleads 📉
What looks like stability on $FRAX may actually be distribution before expansion to the downside. Price has compressed within a tight range, often the environment where late buyers get trapped.
Risk Assessment: 🔴 8/10 (Short Bias)
Short Trade Plan
Entry Zone: 0.92199 – 0.93421
Invalidation: 0.96476
Targets:
🎯 0.89144
🎯 0.87922
🎯 0.85478
Momentum remains capped below resistance, and bids are being absorbed rather than defended. If rejection holds, continuation toward lower liquidity zones becomes likely.
Key Question:
Is this compression setting up a high-probability breakdown, or merely a temporary fakeout within the broader range?
Execution around resistance with disciplined risk management is critical. Stay aligned with this setup as price reveals direction.#GrayscaleBNBETFFiling #USIranMarketImpact #ETHMarketWatch #frax