$FRAX has delivered a sharp bullish expansion after reclaiming the $1.00 zone, pushing aggressively into the $1.28 high. The 1H structure remains bullish with clear higher lows, and current price is consolidating just below resistance — a healthy sign after a strong impulse.

As long as price holds above the reclaimed support, continuation remains favored over a deep pullback.

Trade Setup (Long):

Entry Zone: 1.20 – 1.23

Stop Loss: 1.14

Targets:

TP1: 1.28

TP2: 1.34

TP3: 1.42

Bias stays bullish above 1.18. Patience on entries is key — better to buy support than chase strength.

FRAXUSDT

Löpande

0.6161

-10.28%