A $1.39K LONG liquidation just hit $FRAX at $0.89569, flushing leveraged longs and resetting the short-term structure. This sweep clears weak hands and often opens a volatility window as price looks for its next direction.
With leverage removed, $FRAX is now at a key reaction zone. If buyers defend this area with volume, a recovery attempt is possible. Failure to hold could invite further downside before balance returns.
Trade Setup
EP: 0.888 – 0.902
TP1: 0.925
TP2: 0.955
TP3: 1.000
SL: 0.865
Post-liquidation moves can be sharp — let price action confirm direction.
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