$FRAX
$FRAX is trading near 0.755 after a brutal -12% dump, printing a fresh local low around 0.7550. On the 15-min chart, price is crushed below MA(7), MA(25) & MA(99) — a textbook bearish stack. Every bounce is getting rejected at the falling MA(25), showing sellers are aggressively defending rallies.
Volume has cooled after the panic sell-off (capitulation likely done), but buyers are still missing. This isn’t a wick — it’s a clean breakdown from consolidation.
🔻 Key Levels
Resistance: 0.77 – 0.78 (must reclaim to flip bias)
Support / Liquidity: 0.74 → 0.73
📌 Bias: Sell-the-rally while below 0.78
🔥 Bulls need a strong reclaim + volume expansion to shift momentum. Until then, downside pressure stays active.
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