$FRAX is undergoing a historic, parabolic breakout, offering an extremely aggressive momentum long entry. The chart has exploded vertically with astronomical volume, shattering all previous price structures. This indicates a violent depeg recovery and a potential major revaluation event.
Trade Setup (Long)
Entry: 0.9500 – 0.9900
Target 1: 1$
Target 2: 1.03
Target 3: 1.05
Target 4: 1.10
Stop Loss: 0.9000
$FRAX is in a state of extreme price discovery with unprecedented momentum. This is an ultra high-risk, high-reward event trade. Position size must be minimal and a tight stop is essential.