$FRAX
/USDT has delivered a strong bullish move, trading at 0.9165 after posting an impressive +15.95% gain, clearly positioning itself among today’s top DeFi gainers. Price action shows a solid recovery from the 24-hour low of 0.7850, indicating strong dip-buying interest and renewed market confidence. The rally pushed FRAX close to the psychological resistance zone near 0.99–1.00, where sellers may become active. With healthy 24-hour volume on both the FRAX and USDT pairs, the move is supported by real participation rather than low-liquidity spikes, which adds credibility to the bullish momentum.
From a trading perspective, the trend remains constructive as long as price holds above the 0.88–0.90 support zone, which now acts as a key demand area. A sustained break and close above 0.99 could open the door for a retest of the 1.00–1.01 region, signaling further upside continuation. However, traders should stay disciplined near resistance, as short-term pullbacks toward 0.86–0.88 are possible before the next leg higher. Overall, FRAX is showing strength, momentum, and volume alignment—making it a favorable setup for momentum traders while risk-managed entries near support offer attractive reward-to-risk opportunities.