$FRAX /USDT – Current Status:

Last Price: $1.2886 (+58.69% 24h)

24h High / Low: 1.5740 / 0.8120

24h Volume: FRAX 7.88M / USDT 9.29M

Trend: Strong bullish momentum (gaining +7.63% in the latest interval)

Technical Analysis:

1. Short-Term Outlook:

Price is above $1.28, showing strong bullish momentum.

Immediate resistance: $1.40 – $1.50 (previous 24h high zone).

Immediate support: $1.20 – $1.25 (consolidation zone).

2. Trading Strategy (Long Bias):

Entry Zone: $1.25 – $1.30 (current momentum supports long entries).

Targets:

T1: $1.40

T2: $1.50