$FRAX
🚀 $FXS Just Fired Up Today!
The volatile token Frax Share ($FXS) made a real move today — not stuck at the peg like stablecoins. 📈
💡 Price Action Highlights
🔹 Low: ~$0.66
🔹 High: ~$0.70
🔹 Current: ~$0.70 USD (still holding strong)
That’s a sharp bounce — buyers stepped in after the dip and pushed price upward with conviction.
🔥 Why This Move Matters
• Key support to hold: ~$0.66–$0.68 — if this stays intact, bulls keep control.
• Next upside target: ~$0.80–$0.85 — breaking here could open the door for a rally.
• Bull confirmation zone: Above ~$0.85, momentum traders might start stacking for a run toward $1.00+.
📌 Simple takeaway:
FXS defended its lows and flipped early resistance into momentum. That’s exactly the kind of structure traders look for before the next leg up.