$FRAX is trading around 0.03821 after dropping 26.06%, making it one of the weakest names shown. Sellers have clear short-term control and the setup favors a SHORT on a failed rebound.
🎯 SHORT ENTRY ZONE:
0.03850–0.03920
🎯 TARGETS:
🎯 TP1: 0.03750
🎯 TP2: 0.03650
🎯 TP3: 0.03500
🛑 STOP LOSS:
Close above 0.04000
📊 SUPPORT:
S1: 0.03750
S2: 0.03650
S3: 0.03500
🚧 RESISTANCE:
R1: 0.03850
R2: 0.03920
R3: 0.04000
🔮 NEXT MOVE:
Price needs to remain below 0.04000 for the bearish structure to stay valid. A rejection around 0.03850–0.03920 could bring another selloff, while reclaiming 0.04000 would invalidate the short.
📈 TRADING LOGIC:
A 26% decline shows aggressive selling and weak buyer participation. The safer bearish setup is to wait for price to rebound into resistance and confirm that sellers are still defending the area before targeting lower support.
⚠️ RISK NOTE:
After a sharp fall, oversold-style rebounds can be violent. Use strict risk control and avoid excessive leverage.#AI music shifts from capacity to creativity #Ethereum MEV extraction mechanics