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【$FRAX Signal】Short + Volume Breakout
$FRAX Is experiencing a volume-driven decline, with price action showing strong unilateral selling. High open interest suggests potential long liquidation or selling pressure from major players.
🎯Direction: Short (Short)
🎯Entry: 0.955 - 0.965
🛑Stop Loss: 0.985 (Rigid Stop Loss)
🚀Target 1: 0.920
🚀Target 2: 0.890
$FRAX Daily decline of nearly 17%, accompanied by massive volume, indicating a typical weak market. The price has broken through a key psychological level, and the market structure has shifted to bearish. Price declines under high open interest are often caused by passive long liquidation or active selling pressure. Short-term rebounds are weak, and trading with the trend is the least resistant path.
Trade here 👇 $FRAX
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