$FRAX — Early Bearish Signs After Parabolic Move ⚠️

After a strong parabolic run, $FRAX failed to hold above the 1.40–1.49 resistance zone and is now forming lower highs, signaling increasing selling pressure.

Technical Analysis:

• Sharp retracement from the highs suggests bullish exhaustion

• Volume shows stronger activity on the downside, sellers stepping in

• A break below 1.33 would confirm short-term bearish continuation

Trade Setup (Short):

• Entry: 1.335 – 1.345

• Target 1: 1.200

• Target 2: 1.100

• Target 3: 1.000

• Stop-Loss: 1.400

📌 Trade with discipline. Let structure guide your risk.

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FRAX

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