$FRAX /USDT TECHNICAL ANALYSIS – BULLISH SETUP

The $FRAX/USDT pair is showing strong bullish momentum after a significant 43% surge, indicating potential continuation toward higher levels. The 24h high of 1.5740 marks the first key resistance, while the 24h low at 0.8120 acts as major support. Short-term charts show higher highs and higher lows forming, suggesting buyers are in control.

Trade Idea:

Entry (Long): 1.1625–1.1800 zone

Target 1 (TP1): 1.2768

Target 2 (TP2): 1.4445

Stop Loss (SL): 1.1092

Risk Management: Only risk 1–2% of total capital per trade, maintain SL discipline, and scale out partially at TP1 to lock profits.

#CryptoTrading #TechnicalAnalysis #BullishTrend #FRAX #DeFi $FRAX

FRAX
FRAXUSDT
0.8406
-33.48%