$FRAX Price remains in a clear downtrend with consistent lower highs and lower lows.
Sellers continue to defend reclaim attempts below the mid-term moving averages.
Momentum is weak as price trades under all key MAs with no structural shift.
Structure favors continuation lower after brief relief bounces.
Trade Setup: Short
Entry Zone: 0.6180 – 0.6300
Target 1: 0.5980
Target 2: 0.5850
Target 3: 0.5650
Target 4: 0.5400
Stop Loss: 0.6480
Avoid counter-trend positioning until clear structural reversal forms.
Do your own research before taking any trade.
FRAXUSDT
Perp
0.622
-1.44%