$FRAX /USDT – Bullish Continuation After DeFi Surge 🚀
Momentum Analysis FRAX remains a DeFi gainer, holding above key short-term supports after a strong push toward 1.30. Volume stays healthy, suggesting buyers are defending dips and looking for continuation as long as price holds above the mid-range.
Long Setup
Entry Zone: 1.12 – 1.16
Targets:
T1: 1.21
T2: 1.26
T3: 1.30 – 1.33
Stop Loss: 1.06 (below range low)
Breakout Confirmation
Above: 1.21 (acceptance flips momentum bullish toward 1.30+)
Key Support: 1.09 → 1.06
Trading Data Snapshot
Price: 1.1648
24h Change: +5.20%
24h High / Low: 1.3000 / 1.0600
24h Volume: 25.17M FRAX | 28.95M USDT
Depth Levels: 1.3271 / 1.2081 / 1.1655 / 1.0892 / 0.9703 / 0.8514
Timeframes: 15m • 1h • 4h • 1D
Pro Tip If price retests 1.12–1.09 with declining sell volume, it’s a higher-probability add. Avoid chasing near 1.30 unless there’s a clean breakout and hold.