🚨 FRAX JUST WENT PARABOLIC — SMART MONEY IS PREPARING THE SHORT 🔻🔥

💥 FRAX has printed an extreme parabolic move, but the structure is now clearly over-stretched.

This rally looks less like healthy accumulation and more like FOMO-driven acceleration — a phase that often ends with a sharp reset.

📊 Trade Idea: SHORT FRAX

🔴 Entry Zone: $1.07 – $1.10

🛑 Stop-Loss: $1.22

🎯 Targets:

• $1.00

• $0.95

• $0.90

🧠 Why the Short Setup?

⚠️ RSI (6) at 84.45 → Extreme overbought conditions

⚠️ Price extended outside the Bollinger Bands

⚠️ Rapid pump = crowded long positioning + FOMO

⚠️ Downside liquidity now looks more attractive than upside continuation

📉 As long as FRAX fails to accept above $1.10, chasing higher prices remains risky.

📌 Best play: Short the cooling phase after the pump, not the breakout.

⚖️ Not financial advice. Always manage risk and trade responsibly.

#FRAX #CryptoTrading #ShortSetup #Overbought #BinanceSquare #SmartMoney #PriceAction

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