$FRAX /USDT — Deep Discount Zone, Watching for Base Formation

FRAX has extended the selloff from the 1.05 peak down into the 0.82–0.83 area, completing a heavy corrective leg. Price is now trading near the recent lows (0.80–0.83), where selling momentum is clearly slowing and candles are compressing. This behavior points more toward exhaustion and stabilization rather than aggressive continuation. As long as 0.80 holds, this zone acts as a potential base for a technical rebound. The SAR is still overhead, so confirmation comes only on reclaim levels, but risk-reward is improving near these lows.

Trade Setup

Direction: Speculative / Reactive Long

Entry Zone: 0.80 – 0.83

Target 1: 0.88

Target 2: 0.93

Target 3: 0.99

Stop Loss: 0.77

#frax #VIRBNB #GoldOnTheRise #WhoIsNextFedChair

FRAXUSDT

Perp

0.8061

-5.68%