🥶They're ignoring the oversold signal on $FRAX /USDT. Are you?
$FRAX - SHORT📉
☠️Trade Plan:
Entry: 0.60661 – 0.613354
SL: 0.630214
TP1: 0.58975
TP2: 0.583006
TP3: 0.569518☠️
❤️🔥Why this setup?🥺
4H chart is armed for a SHORT. RSI(15m) is deeply oversold at 31.35, suggesting a bounce may be weak. Daily trend is ranging, so this is a counter-trend play. Key resistance is at the SL (0.630214).
Debate:
Is this a high-probability fade or a trap before a range bounce?
Click here to Trade 👇️
FRAXUSDT
Perp
0.6355
-2.57%