$FRAX ‌FRAX Market Snapshot 📈

FRAX just showed a strong upside move, pushing sharply from the lower range into the 1.12–1.15 area. Momentum came in fast, and price is now cooling down near recent highs, which is normal after a strong expansion.
On the 15-minute chart, price is trading above key moving averages, showing short-term strength. Volume increased during the push, then slowed down — a sign that the market is digesting gains, not dumping.
Short-Term View (15m)
Trend remains bullish
Pullbacks are shallow and controlled
Holding above the recent breakout zone keeps momentum intact
Bias: Bullish continuation while support holds
Mid-Term View (1H–4H)
Price is near a local resistance zone
If consolidation continues, another push higher is possible
A deeper pullback would still be healthy if structure stays intact
Bias: Uptrend with short pauses
What to Watch 👀
Strong volume → continuation move
Weak volume → sideways consolidation
Clear rejection at highs → short-term pullback
Support hold → trend remains strong
Final Note:
This is a personal market view, not financial advice. Always manage risk and trade responsibly.