$FRAX is showing a short-term bearish setup after being rejected from the upper range, signaling potential downside continuation while staying below key resistance levels. Traders can look for entry opportunities in the :
🔴 Sell Zone: 0.7950 – 0.8050.
Targets (TP):
TP1: 0.7800🎯
TP2: 0.7650🎯
Stop Loss (SL): 0.8200🛑
Key Levels:
Resistance: 0.8000 / 0.8200
Support: 0.7800 / 0.7650
Bias: Short below 0.8000. The price rejected at the upper boundary, and downside momentum is likely to continue toward the support levels if sellers maintain control. Keep an eye on volume and market reaction for confirmation of the short trend.
This is not financial advice ‼️ ‼️‼️
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