resistance hit — $FRAX momentum is stalling

.prepare for the pullback

SHORT $FRAX

Entry: 1.1600 – 1.165

SL: 1.185 (Safety above the 24h high)

TP1: 1.100

TP2: 1.045

$FRAX has experienced a sharp vertical rally, but

is now hitting a major supply zone at 1.16.

The price action shows signs of exhaustion as it

struggles to break higher. RSI is heavily

overbought, suggesting that a cooling-off period

is mandatory. Expecting a retest of the previous

breakout levels as sellers begin to dominate the

.short-term trend

👇 Trade $FRAX

FRAX
FRAXUSDT
0.6541
-3.29%

here