$FRAX /USDT ....... Bullish Probability Report
Current Structure:
FRAX is in a long consolidation phase after a sharp sell-off. Price is stabilizing around 0.79–0.81, forming a base rather than continuing lower. Volatility has compressed, which often precedes a directional move.
Bullish Signals:
Strong base formation after capitulation
Higher lows on lower timeframes
Sellers losing momentum near 0.76–0.78 support
Price holding above key psychological level 0.80
Bearish Risks:
No confirmed higher high yet
Break below 0.76 would invalidate the bullish setup
Overall trend still neutral until resistance is reclaimed
Key Levels to Watch:
Support: 0.76
Trigger Zone: Above 0.82
Resistance: 0.86 → 0.92 → 1.00
Conclusion:
FRAX is not fully bullish yet, but the structure favors a bullish reversal attempt. A clean break and hold above 0.82 would confirm bullish continuation. Until then, bias remains bullish-leaning but unconfirmed.
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