$FRAX just printed a strong impulse candle straight into 1.49, followed by a shallow pullback. Momentum is still in control — this looks like continuation, not distribution.
Trade Setup (1H)
Entry: 1.40 – 1.43
Bullish above: 1.38
SL: 1.34
Targets:
TP1: 1.49
TP2: 1.58
TP3: 1.70 (if breakout holds)
High momentum — manage size accordingly.
FRAXUSDT
Perp
0.6442
-9.25%