🚀 $FRAX | Impulse Base Hold → Range Consolidation
$FRAX delivered a strong vertical impulse and is now holding firmly above the impulse base. The current consolidation is tight and healthy — pullbacks are controlled, volume has cooled, and price action suggests absorption, not distribution.
Market structure remains bullish as long as price continues to respect the post-impulse support zone. While above the base, continuation toward higher liquidity levels remains the primary scenario.
Trade Plan (Long):
• Entry Zone: 1.12 – 1.18
• TP1: 1.28
• TP2: 1.38
• TP3: 1.50
• Stop Loss: 1.04
📈 Bias: Bullish above the base
Let’s gooo 🔥 $FRAX
