$FRAX just delivered a powerful rally from the 0.81 support zone, pushing aggressively into the 1.57 resistance area. After that explosive move, price entered a healthy pullback phase — not a collapse, but controlled consolidation.

Currently, price is holding above 1.10, forming tight compression. This behavior suggests profit booking without destroying the bullish structure. Momentum has slowed, but the overall trend remains elevated and constructive.

As long as 1.10 acts as a base, the upside continuation scenario stays active. A clean breakdown below this level could invite a deeper retracement.

Trade Setup 📌

• Entry: 1.15 – 1.20

• Target 1: 1.28

• Target 2: 1.38

• Target 3: 1.50

• Stop Loss: 1.05

Eyes on $FRAX 👀

Patience here could pay off 🔥