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【$FRAX Signal】Long | Healthy Pullback After Volume Breakout
$FRAX After a 21% volume-driven increase, the price is consolidating above the key resistance turned support level. This is a typical healthy reset after a breakout, not a top-sell-off. The market shows buying interest absorbing short-term profit-taking, with no signs of large-scale selling pressure.
🎯 Direction: Long
🎯 Entry: 0.9750 - 0.9850
🛑 Stop Loss: 0.9550 ( Rigid Stop Loss )
🚀 Target 1: 1.0200
🚀 Target 2: 1.0500
Price action indicates main capital inflow characteristics rather than mere short-squeeze. Rising open interest along with price confirms bullish dominance. The current pullback near the breakout level presents a low-risk, high-reward entry opportunity. As long as the price stays above 0.9550, resistance on the way up is minimal.
Trade here 👇 $FRAX
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