$FRAX 🚨 JUST LISTED ON BINANCE — VOLATILITY IS LIVE! 🚀
$FRAX wasted no time after listing on Binance. On the 3-minute chart, price exploded from around $0.81 → $1.57, then cooled off and is currently pulling back near $1.30.
This kind of move is normal for fresh listings — low liquidity + high volatility = sharp pumps and pullbacks.
A quick pump alone doesn’t make me blindly bullish. Confirmation matters.
📈 Bullish Scenario • Strong if price holds the $1.20–$1.30 zone • Extra confirmation on a reclaim of $1.40–$1.45 • A clean break above $1.57 could open the door for another leg up
⚠️ Caution Zone • Multiple rejections below $1.40 = weakness • Bearish if price loses $1.20 • Next supports: $1.00 and the early low near $0.81
🧠 Fresh Listing Rule Do not chase green candles.
Patience pays — wait for a clean retest or confirmed breakout.
