$FRAX / USDT — Short Setup 🔻
Current Price: 1.160
Entry Zone: 1.155 – 1.165
Bearish Below: 1.170
Targets 🎯
TP1: 1.130
TP2: 1.105
TP3: 1.080
Stop-Loss 🛑: 1.185
Trade Plan:
Look for rejection near the entry zone. Book partial profits at each target and trail stop-loss after TP1.
Market Analysis:
FRAX is facing selling pressure near resistance and struggling to sustain above the 1.17 area. As long as price stays below this level, downside continuation remains favored toward lower demand zones. Manage risk strictly if price reclaims resistance.
