đš$FRAX chart is screaming weakness â donât ignore it.đŹ
FRAX is a stablecoin, so anytime you see moves like this, itâs a WARNING, not an opportunity to ape in.
đŽ Key Level:
$1.00â$1.02 = psychological + structural support
Price is losing strength above the peg
đ What the chart is telling us:
Lower highs â bearish structure
Weak bounces â buyers are exhausted
Support being tested repeatedly â higher chance of breakdown
âŹïž If $1.00 fails:
Next liquidity zone sits around $0.85 â $0.75
Thatâs where panic + forced selling usually hits.
â ïž Important Reminder:
This is NOT a normal altcoin.
A stablecoin breaking structure = risk event, not a âbuy the dipâ setup.
đ§ Smart move:
Protect capital
Avoid leverage
Wait for confirmation, not hope
đŹ Question for viewers:
Would you trust FRAX if it loses the $1 peg â yes or no?
