$FRAX /USDT TECHNICAL ANALYSIS – BULLISH CONTINUATION SETUP
$FRAX/USDT has shown a strong impulsive move, breaking above multiple intraday resistance levels with increasing volume. The structure suggests a bullish market shift, supported by higher highs and higher lows across lower and mid timeframes. Buyers are in control, and price is consolidating above a key demand zone, indicating potential continuation rather than exhaustion.
Market Bias: Bullish
Trade Type: Long
Long Entry Zone:
• On pullback into the previous breakout and demand area
Targets (TP):
• TP1: 1.2768
• TP2: 1.4445
• TP3: 1.5740
Stop Loss (SL):
• Below the key support zone at 0.9415
Momentum remains strong, and as long as price holds above support, the probability favors further upside expansion toward higher resistance levels.
Risk Management:
Risk only a small portion of capital per trade, wait for confirmation before entry, and trail stop loss as targets are achieved.
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