$FRAX : POTENTIAL REVERSAL AT LOCAL BOTTOM

Trading Plan (Long):

Entry: $0.8034 - $0.8398

Stop Loss (SL): $0.7775

Take Profit (TP): $0.8840

The price action is showing signs of exhaustion near the $0.8034 level, suggesting a potential double-bottom formation after a steep decline.

From an SMC perspective, price has tapped into a high-timeframe demand zone and is looking to hunt buy-side liquidity resting above the recent swing highs.

Long $FRAX here 👇👇👇

FRAX
FRAXUSDT
0.8052
-3.36%