$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 higher than previous base
EMA zone around 1.10–1.12 is the main resistance
A clean break above this zone can bring buyers back
🔮 Possible Scenarios (Opinion, Not Advice)
Bullish Case:
If price holds above 1.05 and reclaims 1.12, a move back toward 1.18–1.22 is possible.
Bearish Case:
If 1.05 breaks with volume, price may revisit 1.00–0.98 before stabilizing.
🧠 Final Thought
FRAX is not weak, but also not ready to explode yet. This looks more like a wait-and-watch phase. Patience here matters more than speed.
This is only my personal market view, not financial advice. Always manage risk and trade responsibly.