๐ FRAXUSDT โ Market Update ๐ฃ
FRAX saw a strong rally from 0.73 โ 1.49, followed by a healthy pullback. Price is currently around 1.12 (-20%), which looks more like a correction than a breakdown.
๐ Technical Highlights
Price below MA7, but still above MA25 (~1.03)
RSI ~45 โ cooling momentum, not oversold
Pullback happening on declining volume (healthy structure)
๐ Key Levels
Support: 1.10 โ 1.03 (critical)
Resistance: 1.17 โ 1.28 โ 1.36 โ 1.49
๐ง Bias
Bullish continuation as long as 1.03 holds
Loss of 1.03 could open downside toward 0.95โ0.90
โ ๏ธ Patience is key โ best entries usually come after confirmation, not during the pullback.
