๐ฅ $FRAX Alert โ Heavy Selling Pressure Below Key Peg
Current Price: $0.9677 (๐ป 15.2% in 24h)
After a strong drop from $1.16, $FRAX is stuck below EMA(25) and EMA(99), with bearish momentum still in control.
๐ฏ SHORT Opportunity: $0.975 โ $1.000
๐ฐ Take Profit Levels:
TP1: $0.950
TP2: $0.920
TP3: $0.885
๐ Stop Loss: $1.035
As long as stays capped below $0.99โ1.00, sellers dominate and further downside is likely. โ Only a clean break above $1.03 would invalidate this bearish setup.
๐ Trade $FRAX Carefully!
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