🟢 $FRAX HOLDING PEG ZONE — SELLING PRESSURE ABSORBED
📈 LONG $FRAX
Entry: 1.07 – 1.12
Stop Loss: 1.04
Target 1: 1.18
Target 2: 1.25
🔍 Technical View:
$FRAX is stabilizing after the recent pullback, with sellers failing to extend the downside. Lower-timeframe structure shows clear absorption at the base, while momentum indicators are starting to curl back up.
As long as price holds above this demand zone, a slow grind higher remains the higher-probability scenario.
💡 Bias: Bullish above 1.07
⚠️ Invalidation only on a clean break below 1.04
👉 Trade FRAX with discipline | Manage risk accordingly 📊 #MarketRebound #FraxShare #WriteToEarnUpgrade #BTCVSGOLD #USNonFarmPayrollReport
