$FRAX

Current Position:

$FRAX has shown strong bullish momentum with a sharp expansion, currently trading around $1.18 after a powerful upside move. Volume confirms participation, indicating strength rather than a weak spike.

Market Structure:

Price is holding above key psychological support near $1.10, turning previous resistance into support.

Future Projection:

As long as $FRAX maintains above $1.10, continuation toward the $1.30 – $1.45 zone remains likely. A loss of structure below $1.05 would shift momentum into consolidation rather than reversal.