📈 $FRAX / USDT — BULLISH BREAKOUT SETUP
FRAX is showing strong recovery momentum after bouncing from the 0.89 base and is now pressing toward the key psychological level at 1.00 👀
Structure and volume both support a bullish continuation scenario.
🔍 Market Structure
• Higher lows forming → bullish trend shift
• Volume expanding → buyers stepping in
• Momentum has clearly flipped to the upside
📍 Key Levels
🟢 Support Zone: 0.96 – 0.94
🟢 Major Support: 0.92
🔴 Resistance Zone: 1.00 – 1.02
🎯 Trade Setup — LONG
✅ Primary Entry: Clean break and hold above 1.00
🔁 Alternative Entry: Pullback toward 0.96 support
🎯 Targets
• TP1: 1.02
• TP2: 1.05
• TP3: 1.08
🛑 Stop Loss
• Below 0.93
📊 Market Sentiment
Bullish. Buyers are in control, and a confirmed reclaim of 1.00 could act as fuel for continuation into higher levels 🚀
Manage risk and wait for confirmation.
