2026-01-22 13:24:08

【$FRAX Signal】Long | Strong consolidation after volume breakout

$FRAX After a volume surge of 25%, the price undergoes a strong consolidation at high levels. This is not a top distribution, but a healthy reset, preparing for the next upward push.

🎯 Direction: Long

🎯 Entry: 1.160 - 1.175

🛑 Stop Loss: 1.140 ( Rigid Stop Loss )

🚀 Target 1: 1.220

🚀 Target 2: 1.260

After a massive rally, the price refuses to undergo a deep correction and forms a narrow range at high levels. The surge in volume combined with rising open interest suggests that this is driven by major funds entering the market, rather than just short covering. Market sentiment shifts from panic to absorption. As long as the price can hold above the breakout zone, buying pressure will continue to dominate, making an upward continuation highly probable.

Trade here 👇 $FRAX

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FRAX3,4%

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