$FRAX pushing into supply again — feels heavy up here.
SHORT $FRAX
Entry: 1.16–1.18
SL: close above 1.21
TP: 1.12 / 1.08
$FRAX is stalling right at a key resistance zone after a weak bounce. Price is getting rejected from supply, upside momentum is fading, and this push looks more like a corrective retrace than real continuation. As long as 1.20 caps, sellers stay in control.
Trade $FRAX
FRAXUSDT
Perp
0.828
-1.95%