$FRAX — Long Setup
📍 Entry Zone: $0.2960–0.3010
🛑 Stop-Loss: $0.2910
🎯 Take Profit:
• TP1: $0.3065
• TP2: $0.3135
• TP3: $0.3210
FRAX is holding above a key intraday support area after a notable short liquidation around $0.2996K, suggesting sellers may be losing momentum. Price is attempting to reclaim nearby resistance, while liquidity above recent highs could attract further upside if buyers maintain control. A sustained move above the entry zone, supported by improving volume, would strengthen the bullish structure and increase the probability of continuation toward the listed targets.
⚠️ Invalidation: A decisive break and close below $0.2910 would invalidate this setup, indicating that support has failed and bullish momentum has weakened.
As always, manage position size carefully and avoid chasing price outside the planned entry zone.$FRAX
