$FRAX — Shorts Flushed Near the Peg

Recent short liquidations just above the $1.00 mark point to underlying strength in FRAX. When sellers are forced out around the peg, downside pressure typically fades, allowing price to stabilize or drift higher in a controlled manner rather than making volatile swings.

Important Levels

• Support: 0.998

• Resistance: 1.012

• Next Upside Zone: 1.02

Market Sentiment:

Calm and structured price behavior. No fear, no hype — just quiet accumulation developing beneath the surface.

Markets like this often make their move when attention is lowest ⚖️

FRAXUSDT

Perp

0.6379

-0.07%