$FRAX — the bounce into supply is getting faded, and upside acceptance remains weak.

SHORT $FRAX

Entry: 0.89 – 0.91

Stop Loss: 0.95

TP1: 0.865

TP2: 0.832

TP3: 0.798

Price pushed back into a clearly defined resistance zone and stalled almost immediately. Buyers failed to follow through, upside attempts are getting absorbed, and momentum is starting to roll over again. This behavior points to a corrective bounce, not a shift in trend.

As long as this area continues to cap price, the structure still favors downside continuation rather than sustained upside.

Trade $FRAX here 👇

FRAX
FRAXUSDT
0.714
-4.29%