L/S with the increase in the FRAX coverage of selling centers on
X
the technical forecasts and price movement
updated 29 minutes ago
Sentiment reversal: The buy-sell ratio increased by 117% to 0.65, indicating active coverage of short positions and exhaustion of the downtrend
Technical support: The price is testing the Bollinger support level at $0.437 with the Relative Strength Index at 42, indicating oversold conditions pending confirmation through trading volume
Whale positioning: Whales taking short positions reduced their exposure by 47% with profit-taking, while long positions underwater remain steady near $0.56
Market context: The absence of news catalysts and declining institutional flows suggest that the current movement is merely a technical reversal of the trend$FRAX
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Is there a 1000% increase?