$FRAX FRAX had a strong move recently, pushing up near 1.30, but after that spike, the market cooled down. Right now, price is hovering around the 1.08 zone, which looks like a decision area.
Volume has slowed compared to the breakout phase. That usually means the market is waiting for confirmation before the next move.
🔍 Short-Term View (15m – 1h)
Price is trading below short EMA, showing short-term weakness
Momentum indicators are cooling, not fully dead
1.05–1.07 looks like a key support area
If this support holds, we may see a small bounce.
⏳ Mid-Term View (4h)
Structure still looks hig