$FRAX USDT — Volatility Spike After Listing, Range Play Now
FRAXUSDT
دائم
0.6386
+4.32%
just printed a sharp +37% move after the new perpetual listing, which is typical post-listing volatility driven by leverage and positioning rather than pure trend. Price is hovering around the 1.16–1.17 zone, showing hesitation after the initial impulse. This phase usually shifts into a tight range where liquidity hunts happen on both sides before direction becomes clear. Patience matters here.
Trade setup:
Entry: 1.15–1.17
SL: 1.12
TP1: 1.20
TP2: 1.25