$FRAX Perp

Last Price: 1.0205

Price in INR: Rs285.40

24h Change: +30.20%

Market Analysis: $FRAX has shown strong growth, indicating solid investor confidence. The market is pushing towards key resistance levels, and this could be a pivotal moment for price action.

Key Support: 0.9800

Key Resistance: 1.0600

Trade Target:

Above 1.0600, FRAXUSDT could rally towards 1.1000. A failure to break resistance could result in a pullback towards 0.9800, with further downside potential if it breaks below this level.

Pro Tip:

Monitor the momentum carefully. A reversal at the resistance level could provide a good shorting opportunity, especially if the price fails to hold above 1.0600.