#FRAXUSDT Perpetual – Short-Term Analysis
FRAXUSDT is currently trading around 0.779, showing strong bearish momentum after a sharp drop of nearly -10%.
🔍 Key Observations:
Price is trading below MA(7), MA(25), and MA(99) → bearish trend
Strong support formed near 0.760
Weak bounce indicates selling pressure still active
Volume spike during the drop confirms bearish strength
📊 Levels to Watch:
Support: 0.760 – 0.750
Resistance: 0.800 – 0.820
🧠 Trading Insight: As long as price stays below 0.80, the bias remains bearish. A confirmed break below 0.76 could lead to further downside. For safer trades, wait for confirmation before entering.
FRAXUSDT
Perp
0.7948
+2.00%