$FRAX surged over 50% driven by massive momentum, indicating that this breakout is driven by institutional entry rather than mere short-squeeze.
🎯 Direction: Long
🎯 Entry: 1.150 - 1.165
🛑 Stop Loss: 1.120 ( Rigid Stop Loss )
🚀 Target 1: 1.250
🚀 Target 2: 1.350
Market logic: After breaking through a key level, $FRAX accompanied by over 440 million USD in trading volume and an increase of 8.69 million in open interest, which is a typical signal of capital inflow. The price did not experience a deep correction after the surge, indicating strong buying absorption and no significant selling pressure. This volume-price rising structure suggests that the upward momentum still has room to continue, and a pullback is an entry opportunity.
Trade here 👇 $FRAX
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[$FRAX Signal] Long + Price and volume rise together to break through
$FRAX surged over 50% driven by massive momentum, indicating that this breakout is driven by institutional entry rather than mere short-squeeze.
🎯 Direction: Long
🎯 Entry: 1.150 - 1.165
🛑 Stop Loss: 1.120 ( Rigid Stop Loss )
🚀 Target 1: 1.250
🚀 Target 2: 1.350
Market logic: After breaking through a key level, $FRAX accompanied by over 440 million USD in trading volume and an increase of 8.69 million in open interest, which is a typical signal of capital inflow. The price did not experience a deep correction after the surge, indicating strong buying absorption and no significant selling pressure. This volume-price rising structure suggests that the upward momentum still has room to continue, and a pullback is an entry opportunity.
Trade here 👇 $FRAX
Follow me: Get more real-time analysis and insights on the crypto market!
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