$FRAX — I’m focused on this because the reaction was sharp, volume confirmed the move, and price didn’t break structure after the spike.
I’m not treating this as random volatility. FRAX pushed aggressively from the lower range, tagged above the 1.05 zone, and then cooled off instead of dumping hard. That tells me buyers already showed intent. What I’m watching now is whether this consolidation becomes continuation or failure.
Market read
I’m seeing a strong impulse followed by sideways compression. The rejection from the top wasn’t aggressive selling; it was profit-taking. Price is now hovering near the mid-range, which usually decides the next direction. As long as the higher low structure holds, the bias stays bullish.
Entry point
I’m planning entries around 0.96 – 0.98. This zone is acting as short-term demand and balance. Acceptance here tells me buyers are still present.
Target point
TP1: 1.02 — first reaction zone and partial profit
TP2: 1.08 — reclaim of the previous high area
TP3: 1.15 — expansion if momentum returns fully
I’m scaling profits, not exiting everything early.
Stop loss
My invalidation sits at 0.93. If price loses this level, structure breaks and I’m out without hesitation.
How it’s possible
This setup works because FRAX already showed strength. Strong assets don’t instantly reverse; they pause and build. If this base holds, price naturally looks for liquidity above the highs again. I’m trading confirmation, not assumptions.
Risk is controlled. Structure is clear. I’m ready.
Let’s go and Trade now $FRAX
#FedWatch #VIRBNB #TokenizedSilverSurge #TSLALinkedPerpsOnBinance #StrategyBTCPurchase