#数字资产市场动态 $FRAX's volume breakout indeed looks promising. A 35% increase is significant, and the key point is that the open interest is rising along with it — this is a reassuring signal.
From the market perspective, the main force's intention to enter is clear. The price has broken through resistance levels, buying pressure is continuously absorbing, and there isn't a particularly heavy resistance zone above. A pullback? The speed has been caught immediately.
**Trading Strategy**: Confirm a long position, entry zone between 1.060-1.070, which offers good value. Place stop-loss at 1.040, and exit immediately if broken. If momentum can be maintained, the first target is 1.120, and if it moves higher, 1.180 is also possible.
The premise is that the price should not fall below the breakout level. As long as this support holds, the rebound space opens up. Cryptocurrency markets are volatile, so good risk management is essential for better trading.
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VibesOverCharts
· 9h ago
An increase in open interest is a true signal, I agree with that. But can 1.040 really hold? It feels like the main players might dump at any time.
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GasFeeGazer
· 9h ago
A 35% increase is indeed impressive, but I think setting the stop loss at 1.040 is a bit too loose. Once it drops, it might be hard to turn back.
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SatoshiNotNakamoto
· 9h ago
Position increase is more reliable; otherwise, a 35% rise is just bluffing.
This wave of FRAX is indeed being accumulated by the main players. As long as it holds the support level, it will be interesting.
Enter at 1.060, stop loss at 1.040. This level is locked in; let's see if it can reach 1.180.
Are all the pullbacks being absorbed? That indicates the buyers are quite aggressive. The only concern is a sudden reversal.
The crypto market is like this; only with proper risk management can you dare to get in.
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CryptoCross-TalkClub
· 9h ago
Laughing to death, the main force's entry intention is obvious, and my wallet's intention is also obvious—intending to lose money.
Break 1.040 and I’ll exit immediately? Bro, your stop-loss is more stable than my temper, truly a quality I lack.
It's reassuring to see the position size increase, but I’m worried that the main force might just be pretending while digging a pit for the chives.
No resistance zone above? Wait, wait, why do I feel like I am the resistance zone?
I would call this move a "math problem": a 35% increase minus my fees and slippage, and in the end, all I get are regrets.
#数字资产市场动态 $FRAX's volume breakout indeed looks promising. A 35% increase is significant, and the key point is that the open interest is rising along with it — this is a reassuring signal.
From the market perspective, the main force's intention to enter is clear. The price has broken through resistance levels, buying pressure is continuously absorbing, and there isn't a particularly heavy resistance zone above. A pullback? The speed has been caught immediately.
**Trading Strategy**:
Confirm a long position, entry zone between 1.060-1.070, which offers good value. Place stop-loss at 1.040, and exit immediately if broken. If momentum can be maintained, the first target is 1.120, and if it moves higher, 1.180 is also possible.
The premise is that the price should not fall below the breakout level. As long as this support holds, the rebound space opens up. Cryptocurrency markets are volatile, so good risk management is essential for better trading.