🚨 $FRAX Market Update | Demand Zone Reaction
$FRAX has reacted strongly from a major demand zone after a sharp sell-side move. The heavy selling pressure is now cooling down, and price is stabilizing near the lows, indicating that buyers are stepping in and absorbing sell orders.
Liquidity has already been swept below the session low, but price failed to push further down — a clear sign of seller exhaustion. This kind of behavior often appears before a relief bounce or short-term reversal.
Current price action is showing tight compression near demand, suggesting accumulation is taking place. If buyers regain short-term control, we could see a bullish expansion toward higher levels.
📌 Trade Setup
Entry (EP): 0.8350 – 0.8500
Targets:
🎯 TP1: 0.8750
🎯 TP2: 0.9150
🎯 TP3: 0.9800
Stop Loss: 0.8150
⚠️ Market structure favors a bounce, but always manage risk properly.
Let’s see if the bulls step up 🚀
LFG $FRAX 💪📈
