$FRAX /USDT SHORT TRADE SETUP

$FRAX is currently trading at 0.9646, showing a clear bearish trend after failing to maintain levels above the 1.0000 mark. The price has recently broken below the major moving averages on the 15m chart and is currently facing rejection near the 0.9685 (MA7) resistance. With consistent red candles and lower highs, the momentum favors the bears.

Target Points

TP1: 0.9550

TP2: 0.9480

TP3: 0.9350

Stop Loss

Set stop loss above 0.9850 to protect against a sudden trend reversal.

Buy and Trade here on $FRAX

FRAXUSDT

Perp.

0.7953

-4.27%

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