fraxanalysis

💥 $FRAX Alert – Heavy Selling Pressure Below Key Peg
Current Price: $0.9677 (🔻 15.2% in 24h)
After a strong drop from $1.16, $FRAX is stuck below EMA(25) and EMA(99), with bearish momentum still in control.
🎯 SHORT Opportunity: $0.975 – $1.000
💰 Take Profit Levels:
TP1: $0.950
TP2: $0.920
TP3: $0.885
🛑 Stop Loss: $1.035
As long as stays capped below $0.99–1.00, sellers dominate and further downside is likely. ✅ Only a clean break above $1.03 would invalidate this bearish setup.
📉 Trade $FRAX Carefully!
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