$FRAX

FRAX

0.8445

-15.07%

FRAX has shown an explosive short-term rally, pumping over 54% from the 0.81 low to a 1.57 high, signaling aggressive speculative buying. This move appears momentum-driven rather than fundamental, as FRAX is designed as a stability-focused DeFi asset. The long green candle indicates a liquidity sweep and breakout, followed by a sharp rejection near 1.57, forming a bearish retracement candle. Current price around 1.25 suggests consolidation after profit-taking. Immediate support lies at 1.10–1.15, while resistance is strong at 1.35–1.45. Trend remains volatile; risk of mean reversion is high unless volume sustains. #frax #MarketRebound #BTC100kNext? #newlistings