$FRAX just printed a short liquidation near 0.63011 and I’m seeing sellers get squeezed from the move. When short pressure clears like this, the chart often has room to push higher if buyers stay active. I want to see $FRAX hold above this zone before expecting continuation.

Trade Plan

EP: 0.636

TP1: 0.660

TP2: 0.692

TP3: 0.735

SL: 0.602

I like this setup because selling pressure has been reduced and structure still looks stable. If buyers remain active and momentum builds gradually, upside targets can open step by step. I will stay patient and let $FRAX

FRAX

0.6225

-2.56%

confirm strength before entering.

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