After a single-day surge of 43%, the price is cooling and consolidating at high levels—this is a typical healthy reset, not a top. The trading volume of 423M and open interest are rising in sync, indicating institutional funds are entering rather than just short sellers踩踏.
🎯 Direction: Long
🎯 Entry: 1.090 - 1.100
🛑 Stop Loss: 1.065 $FRAX Rigid Stop Loss (
🚀 Target 1: 1.150
🚀 Target 2: 1.200
After a massive breakout, the price has formed a tight flag pattern at high levels without panic selling. Market sentiment has shifted from FOMO to calmness, but buying pressure continues to absorb sell orders on lower timeframes, indicating good control. As long as the price can hold above the breakout zone (1.08-1.09), this consolidation after high-volume breakout is usually a continuation pattern, building momentum for the next surge.
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[$FRAX Signal] Long | Healthy Reset After Explosive Breakthrough
After a single-day surge of 43%, the price is cooling and consolidating at high levels—this is a typical healthy reset, not a top. The trading volume of 423M and open interest are rising in sync, indicating institutional funds are entering rather than just short sellers踩踏.
🎯 Direction: Long
🎯 Entry: 1.090 - 1.100
🛑 Stop Loss: 1.065 $FRAX Rigid Stop Loss (
🚀 Target 1: 1.150
🚀 Target 2: 1.200
After a massive breakout, the price has formed a tight flag pattern at high levels without panic selling. Market sentiment has shifted from FOMO to calmness, but buying pressure continues to absorb sell orders on lower timeframes, indicating good control. As long as the price can hold above the breakout zone (1.08-1.09), this consolidation after high-volume breakout is usually a continuation pattern, building momentum for the next surge.
Trade here 👇 )
Follow me: Get more real-time analysis and insights on the crypto market!
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