๐ $FRAX USDT Exploding +48% Today โ Momentum is INSANE! LONG Setup with Targets! ๐ฅ
#FRAX USDT perpetual is on FIRE right now at ~1.2587, surging +48.10% in the last 24 hours with massive volume! ๐
From the lows around 0.8034, price blasted through multiple resistance levels, hitting a 24h high of 1.3198 before a small pullback. The chart shows strong bullish candles stacking up, breaking the middle Bollinger Band (1.1984) and pushing toward the upper band at 1.3501.
RSI(14) at 68 โ heating up but not yet overbought, plenty of room to run. Stochastic showing bullish crossover potential, and the overall trend is sharply upward after that epic green breakout candle. Long positions dominate the L/S ratio (around 0.91 overall, with recent accumulation in longs).
This looks like continuation momentum โ perfect setup for a LONG trade!
Trade Idea:
Buy $FRAX USDT Now!
Entry: around current ~1.258 โ 1.26
Take Profit 1: 1.32 (first target near recent high)
Take Profit 2: 1.35 (upper Bollinger + extension)
Stop Loss: 1.20 (below recent swing low / MB for protection)
Risk-reward looks juicy โ ride the wave while the bulls are charging! Don't miss this parabolic move in FRAX perpetuals.
Trade or buy $FRAX USDT Now! Follow & turn ๐ on โ for more hot setups! ๐ฅ
#FRAX #FRAXUSDT #Crypto #BinanceFutures #PerpetualFutures #Altcoin #BullRun #Trading #CryptoTrading #DeFi
