⚡ $FRAX /USDT Alert 🦅 DeFi Dip Watch ⚡
Hey crypto fam, FRAX just saw a sharp downside move 👀 let’s break it down calmly
$FRAX ❄️ Momentum Under Pressure
Momentum: Short-term bearish after strong sell-off
1️⃣ Fundamentals:
FRAX is a well-known DeFi stable-focused project, so sudden volatility often brings attention. Even after a 16% drop, around 4.76M USDT volume in 24h shows traders are still active and watching for stabilization
2️⃣ Technical:
Price is trading near $0.8491
Immediate support sits around $0.85–$0.84, with a deeper safety zone near $0.80
On the upside, resistance comes in at $0.90, then $0.95–$1.00
Holding above $0.84 is important to avoid further downside pressure
3️⃣ Trading Idea:
This looks like a reactionary sell-off. Spot buyers usually wait for price to settle before considering accumulation near strong support zones
3-Step Buying Plan:
Step 1: Small entry near $0.85–$0.84
Step 2: Add near $0.82–$0.80 if price stabilizes
Step 3: Hold for a recovery toward $0.90–$0.95
Pro Tip: As long as $0.84 holds, FRAX can slowly rebuild confidence
💬 Stay patient, watch price behavior, and trade smart
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Share your thoughts in comments and let’s catch the next clean move together 🚀
#FRAX #DeFi #CryptoAlert #BinanceSpot
