đ $FRAX Price Analysis đ„
FRAX is currently trading around $1.10â$1.27, showing strong short-term volatility and renewed momentum. Recent price action suggests buyers are active after bouncing from prior lows.
đŻïž Candlestick Insight
Higher highs & higher lows on the daily chart indicate a short-term uptrend.
Consecutive green candles show buyer dominance.
Watch for bullish engulfing candles for continuation.
Long upper wicks near resistance may signal short-term pullbacks.
Doji candles indicate consolidationâconfirmation needed.
đ Key Levels:
Support: $0.75â$0.80
Resistance: $1.10â$1.20
A clean break above $1.20 could confirm further upside.
đ Volume & Momentum:
Rising volume on green candles supports bullish strength.
Weak volume on price increases may signal slowing momentum.
đ Bias:
Bullish above support
Cautious near resistance
â ïž Always wait for candle confirmation and manage risk.
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