[$FRAX Signal] Long | Main force enters to push up

2026-01-18 13:44:38

$FRAX surged nearly 40% within 24 hours, and the price action indicates that this is due to institutional capital entering the market, rather than purely short-squeeze activity. The surge in trading volume combined with rising open interest is a typical healthy upward structure.

🎯 Direction: Long (Long)

🎯 Entry: 1.050 - 1.065

🛑 Stop Loss: 0.995 (Rigid Stop Loss)

🚀 Target 1: 1.150

🚀 Target 2: 1.250

$FRAX Successfully broke through the key psychological level of 1.0 with strong momentum, with massive buy orders fully absorbing selling pressure. The market logic is clear: open interest and price are rising together, indicating that new long positions are being established rather than short positions being closed. After the breakout, there was no deep retracement, showing market reluctance to sell and that the upward space is open. Holding above the 1.0 level, the trend has a very high continuation potential.

Trade here 👇 $FRAX

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FRAX2,58%

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