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$FRAX just cooled off after a sharp run โ momentum is fading here ๐๐
Iโm going short on $FRAX /USDT here ๐
FRAX/USDT short setup (15m)
Entry Zone: 1.1 โ 1.06
Stop-Loss: 1.2
Take Profit:
TP1: 1.03
TP2: 0.98
TP3: 0.92
Why:
Price got rejected near the 1.14โ1.15 high and is now slipping below MA7 & MA25. Volume is declining, RSI is weak and trending down, and MACD has flipped bearish, signaling momentum exhaustion after the pump. Structure favors a pullback toward the 1.00 zone if sellers stay in control.
Trade $FRAX Here ๐
{future}(FRAXUSDT)
#frax #MarketRebound