Guys, $FRAX /USDT is testing a major demand zone after that extended selloff—downside momentum slowing fast as price reacts at structural support and sellers clearly losing control! 🔥🚀
Liquidity flushed below the psychological 0.85 level, but price stabilized immediately—classic absorption, exhaustion selling in play with compression forming. Hold this zone and relief bounce toward higher levels looks very likely—Frax's algorithmic stablecoin ecosystem (frxUSD, FXS governance, real DeFi utility & resilience) remains a core player even in corrections! 💥📈
Trade Setup (Long):
Entry Zone: 0.8500 – 0.8650
Targets:
TP1: 0.8900
TP2: 0.9300
TP3: 0.9800 🌙
Stop-Loss: 0.8350 (tight protection!)
👉 Click Here To Buy And Trade $FRAX 👇
Current structure favors bounce if demand keeps defending—low leverage only, book partials step by step (secure some at TP1 and trail the rest), manage risk like a pro. Patience on stabilization wins big here!
DYOR – crypto's volatile (even stables can swing), never risk more than you can afford to lose! ⚠️
Who's buying this absorption dip? Drop a 🚀 if you're in—let's see FRAX bounce back strong! 💪