🔥$FRAX Clear Downtrend but oversold, I'd Scalp Long reversal play on 1-hour timeframe
Recent 1h candles show declining volume during dips (121 at 0.7684 vs earlier 2-5M volumes), suggesting selling exhaustion.
Entry long $FRAX : current price 0.775-0.782 for aggressive traders
• Ideal entry at deeper support 0.7467-0.7520
Stop Loss: 0.7480 for current price entries
Target Prices $FRAX : resistance levels
Primary: 0.804
Secondary: 0.840
Support me just Click below to Trade 👇 Cheers.
FRAXUSDT
Perp.
0.8601
+8.92%