$FRAX Volume plummeted over 21%, with price action indicating a strong trend-driven sell-off. Combined with open interest data, this is not simply a liquidation of long positions, but more like sustained selling by major funds. The chart shows no effective support, and the bearish structure is complete.
🎯 Direction: Short (Short)
🎯 Entry: 0.795 - 0.805
🛑 Stop Loss: 0.825 (Rigid Stop Loss)
🚀 Target 1: 0.750
🚀 Target 2: 0.700
$FRAX A cliff-like decline has formed on the daily chart, with a 21% drop accompanied by massive volume, a typical trend acceleration signal. The price has broken below all short-term moving averages, and market sentiment has shifted from hesitation to panic. There is no clear buy absorption zone below the current price, and every rebound is a new shorting opportunity. The high open interest indicates ongoing accumulation of short positions, and the downward momentum has not yet been exhausted.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
【$FRAX Signal】Short + Volume Breakout
$FRAX Volume plummeted over 21%, with price action indicating a strong trend-driven sell-off. Combined with open interest data, this is not simply a liquidation of long positions, but more like sustained selling by major funds. The chart shows no effective support, and the bearish structure is complete.
🎯 Direction: Short (Short)
🎯 Entry: 0.795 - 0.805
🛑 Stop Loss: 0.825 (Rigid Stop Loss)
🚀 Target 1: 0.750
🚀 Target 2: 0.700
$FRAX A cliff-like decline has formed on the daily chart, with a 21% drop accompanied by massive volume, a typical trend acceleration signal. The price has broken below all short-term moving averages, and market sentiment has shifted from hesitation to panic. There is no clear buy absorption zone below the current price, and every rebound is a new shorting opportunity. The high open interest indicates ongoing accumulation of short positions, and the downward momentum has not yet been exhausted.
Trade 👇 $FRAX
---
Follow me: Get more real-time analysis and insights into the crypto market!
#Gate广场创作者新春激励 #黄金白银再创新高 #特朗普取消对欧关税威胁 #GateWeb3正式升级为GateDEX