$FRAX – QUICK FIRE TRADE SETUP 🔥
Market Overview:
FRAX is sitting at a strong demand zone after a sharp dump. Selling pressure is slowing and price is trying to base. This is a classic short-term bounce or breakdown area.
Trend: Short-term bearish | Bounce possible from support
Support: 0.78 – 0.76
Resistance: 0.86 – 0.94
⚡ SHORT TRADE SETUP
EP: 0.83 – 0.85
SL: 0.90
TO: 0.78
TO: 0.74
🧠 Rejection from resistance can continue the bearish move toward demand.
📌 Note: If price reclaims and holds above 0.90, short setup is invalid.
Trade smart. Protect capital.
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FRAX
0.8211
+12.23%