$FRAX /USDT (PERP) — Explosive Breakout, Momentum in Control 🚀
Momentum Analysis
FRAX has printed a +45.24% surge in the last 24h, ripping from 0.8034 → 1.3198 before consolidating above the psychological 1.20 zone. Volume expansion (71.68M FRAX / 81.93M USDT) confirms strong participation. As long as price holds above 1.12–1.00, momentum remains bullish with continuation potential.
Key Trading Data
Last Price: 1.2344
Mark Price: 1.2280
24h High / Low: 1.3198 / 0.8034
24h Volume: 71.68M FRAX | 81.93M USDT
Timeframes: 15m • 1h • 4h • 1D
Long Setup (Trend-Following)
Entry Zone: 1.18 – 1.24
Targets:
T1: 1.30
T2: 1.3457
T3: 1.40+ (extension if momentum persists)
Stop Loss: 1.09 (below key intraday support)
Breakout Confirmation Level
Clean hold & close above: 1.30 on 1h/4h
Key Support Levels
1.2300 (pivot)
1.1184 (VWAP/structure)
1.0048 (major demand)
0.8912 – 0.7775 (deep supports if volatility spikes)
Pro Tip 💡
After a +45% impulse, expect shallow pullbacks. Scale entries near 1.18–1.20, trail stops once 1.30 breaks, and avoid chasing green candles on low volume.