Lower high formed with strong bearish rejection from $0.72 zone


Entry $0.690 to $0.705
Stop Loss $0.725
TP1 $0.670
TP2 $0.645
TP3 $0.610
Why this setup
$FRAX failed to hold above $0.72 and printed a sharp bearish impulse on 1H. Price is now breaking below short term support near $0.70 with momentum shifting bearish. As long as it stays below $0.72 the structure favors continuation toward $0.67 liquidity and deeper retracement toward $0.64 demand zone.
Will $FRAX lose $0.69 support and accelerate toward $0.65 next?
Buy and Trade $FRAX

#GateSquare$50KRedPacketGiveaway
FRAX-6,79%
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.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)