🔥 $FRAX /USDT — BULLISH MEAN-REVERSION PUSH AFTER STRONG IMPULSE 🔥
$FRAX has printed a sharp upside expansion from sub-$1 levels, signaling aggressive dip absorption and a momentum-driven recovery move. Price is currently stabilizing above the psychological $1.00 pivot, and as long as this level holds, FRAX is positioned for a continuation squeeze toward overhead liquidity and moving-average resistance zones.
📌 TRADE SETUP
Entry Zone:
0.98 – 1.02 (retest of $1.00 psychological support)
Take Profits:
TP1: 1.08
TP2: 1.17
TP3: 1.25
TP4 (Stretch): 1.32 – 1.35
Stop Loss:
0.92 (below demand & failed recovery zone)
📈 SHORT MARKET OUTLOOK
Momentum: Bullish recovery momentum with rising volume
Trend: Short-term bullish, mid-term reclaim in progress
Key Support: 1.00 → 0.95
Major Resistance: 1.08, then 1.17 / 1.25
Bias: Bullish above $1.00, weakness only below 0.95
#FRAX #FRAXUSDT #DeFiRecovery #BullishReversal #CryptoTrading