$FRAX saw a sharp volatility spike followed by a deep pullback, and now price is stabilizing around the $1 zone. After the aggressive sell-off, this looks more like cooling + balance rather than continued weakness.

As long as $FRAX holds above the recent lows, downside looks limited and a mean reversion bounce is possible. This is not a chase trade — patience matters here.

Trade Setup (Speculative Long):

Entry: 0.97 – 1.00

Targets: 1.08 – 1.15 – 1.22

Stop-Loss: 0.93

Volatility is high, so position sizing is key. Wait for confirmation and manage risk properly.

FRAX

0.6295

-6.75%