🚀 $FRAX explosive breakout — bullish momentum ignites FRAX / USDT is trading at 1,442 €, up +26,04 %, after a sharp expansion move that ripped through prior range highs 📈. Price surged from the 1,08–1,10 demand zone and tagged a 1,49 high, confirming a decisive bullish breakout on the 1H timeframe.

The long impulsive candle signals aggressive demand and FOMO-driven participation. Despite being extended in the very short term, structure remains firmly bullish as price holds above the breakout level.

📌 Key support: 1,38 € – 1,35 €

📌 Invalidation: Below 1,30 €

🎯 Upside targets: 1,50 € 🥇 → 1,58 € 🥈 → 1,65 € 🥉

As long as FRAX consolidates above reclaimed support, pullbacks are likely to be continuation setups. Watch for a tight range near 1,44–1,46 € before the next leg higher ⚡📊

Trade #frax here

FRAX

0.8373

-0.92%