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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
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