šš FRAXUSDT Update: Bullish Consolidation Before the Next Move? šš
FRAXUSDT has made a strong impulse move and is now cooling off ā a classic setup before the next expansion š
š Key Levels to Watch
š¢ Support Zone:
$1.10 ā $1.12 ā Critical short-term support
$1.05 ā Strong structure support (must hold)
š“ Resistance Zone:
$1.18 ā $1.20 ā Break & hold opens upside
$1.29 ā $1.32 ā Major target / previous high
š Indicators Snapshot
š§ RSI
15m: ~47 ā Neutral, reset completed
1h: ~46 ā Healthy cooling, room to move
4h: Recovering from overbought ā Bullish continuation setup
š Moving Averages
Price holding above MA(99) on lower TFs
Short-term MAs acting as dynamic support
š MACD
Momentum cooling, no strong bearish expansion
Early signs of stabilization ā potential upside continuation
š” What to Watch
Hold above $1.10ā$1.12 = bullish consolidation
Break above $1.20 = continuation toward $1.29+
Loss of $1.05 = deeper pullback risk
š£ Stay patient, watch confirmation, and manage risk.
#FRAXUSDT