šØ Strong rejection from the top keeps bearish momentum intact šØ
š Bearish Information
$FRAX has faced an aggressive sell-off after failing to hold above the recent high, with price breaking down decisively and continuing to trade weak below key moving averages, keeping sellers firmly in control.
š“ $FRAX SHORT SETUP š“
š Entry Zone: 0.815 ā 0.835
š Stop Loss: 0.885
šÆ Take Profit 1: 0.780
šÆ Take Profit 2: 0.745
ā Why take this trade?
On the 4H timeframe, price is trading below EMA(7) and EMA(25) after a strong bearish reversal from the highs, with consecutive impulsive red candles and only weak pauses on pullbacks, suggesting sellers remain dominant and continuation toward lower liquidity levels is likely as long as price stays capped below resistance.
ššš Click below and SHORT now ššš
