FXSUSDT 1H
Still investigating the fairness of its price range, FXS has strongly broken down to MM200 and is currently stressing the lower edge of the Keltner channel. It needs a bullish impulse to reverse this bearish trend on the hourly chart.
Frax Share (FXS) is FRAX's ERC-20 based governance token, which grants holders control rights to add/edit margin pools, set print/redemption rates, and change the margin rate rollover price.
FXSUSDT 1H
Here are the supports and resistances in the 1H:
Key support levels: 9,983 / 9,594
Key Resistance Levels: 10,451 / 10,693
✅MM200: At the height of 10,703 , just on the upper edge of the Keltner Channel
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