$FRAX ALPHA SETUP (Short)

Directional view: Neutral | continuation

Preferred entry: 0.505944 - 0.517729

S/R pivot: 0.5185

Targets:

🎯 TP1: 0.4876

🎯 TP2: 0.475044

🎯 TP3: 0.455948

❌ Invalidation: Above 0.527753

4h OI change is -0.50% and funding is +0.00005 (balanced positioning).

Closest liquidation magnet sits upside at 0.00% distance; watch for extension before mean reversion.

Structure read: Range-bound structure

Tap the chart below to take this trade 📊 #frax #cryptotrading

FRAXUSDT

Perp

0.4165

-0.69%