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【$FRAX Signal】Short + Open Interest Breakout
$FRAX is experiencing increased volume and breaking downwards, with price action indicating strong selling pressure.
🎯 Direction: Short (Short)
🎯 Entry: 0.955 - 0.965
🛑 Stop Loss: 0.985 (Rigid Stop Loss)
🚀 Target 1: 0.920
🚀 Target 2: 0.890
$FRAX Price decline accompanied by high open interest suggests market logic pointing to long liquidation or main force distribution. The price has broken below a key psychological level, with no significant buy support below, and downward momentum has not fully released. Any rebound to the entry zone on lower timeframes is an opportunity for bears to add positions.
Trade 👇 here $FRAX
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