The asset looks technically constructive, but the current entry quality is not perfect.
In the current Sideways Quiet regime, the best-fit approach is Range trading / mean reversion. The market is balanced and relatively calm, which tends to reward mean-reversion behavior and range trading more than breakout chasing.
Frax Share support and resistance levels highlight key price zones where buyers and sellers are most active. This section helps identify likely breakout areas, pullback support, overhead resistance, and the current trading range so you can evaluate trend continuation, reversal risk, and near-term crypto price direction.
| Level | Zone | Strength |
|---|---|---|
| Support 1 | $0.2650 - $0.2861 | |
| Support 2 | $0.2505 - $0.2604 | |
| Support 3 | $0.2181 - $0.2356 | |
| Resistance 1 | $0.3220 - $0.3351 | |
| Resistance 2 | $0.4071 - $0.4170 | |
| Resistance 3 | $0.4458 - $0.4572 | |
| Resistance 4 | $0.5081 - $0.5210 | |
| Active 1 | $0.2917 - $0.3074 |
FXS clears the resistance zone at $0.3220 - $0.3351 and holds above it. That would strengthen the breakout case and shift attention to $0.4071 - $0.4170.
FXS loses the support zone at $0.2650 - $0.2861. That would weaken the setup and open the way toward $0.2505 - $0.2604.
FXS continues trading between $0.2861 and $0.3220. In that case, range-trading conditions remain active.
Technical indicators help summarize trend, momentum, volatility, and key price levels. They should not be used in isolation, but they can help identify whether a coin is trending, ranging, overextended, or approaching an important support or resistance level.
| Indicator | Value | Signal | Interpretation |
|---|---|---|---|
| SMA50 | $0.2889 | Bullish | FXS is trading above the 50-day average. |
| SMA200 | $0.3890 | Bearish | FXS remains below the long-term trend line. |
| EMA50 | $0.2934 | Bullish | FXS is holding above the 50-day exponential average, which supports the recent trend. |
| EMA200 | $0.4701 | Bearish | FXS is below the 200-day exponential average, which keeps the longer-term structure under pressure. |
| RSI (14) | 50.41 | Neutral | RSI (14) is at 50.41, which keeps momentum in a balanced range. |
| Stoch RSI (14) | 40.34 | Neutral | Stoch RSI (14) is at 40.34, which suggests momentum is active but not yet extreme. |
| MACD | 0.0005320 | Bearish | MACD is below its signal line. |
| ATR | 3.35% | Quiet | Volatility is below its 180-day median. |
| VWMA | $0.3009 | Bearish | Price is below the volume-weighted average. |
| Commodity Channel Index (20) | -31.21 | Neutral | CCI (20) is at -31.21, which keeps price relatively close to its recent average. |
| Awesome Oscillator (5, 34) | $-0.005957 | Bearish | Awesome Oscillator is below zero at $-0.005957, which supports bearish momentum. |
| Williams Percent Range (14) | -64.90 | Neutral | Williams Percent Range (14) is at -64.90, which keeps price in the middle of its recent range. |
| Bull Bear Power (13) | $0.0004618 | Bullish | Bull Bear Power (13) is positive at $0.0004618, which suggests buyers are controlling price relative to the EMA baseline. |
| Ultimate Oscillator (7, 14, 28) | 41.97 | Neutral | Ultimate Oscillator is at 41.97, which suggests momentum is balanced across its short, medium, and long windows. |
| Hull Moving Average (9) | $0.2939 | Bullish | FXS is trading above the Hull Moving Average (9), which supports the near-term trend. |
| Ichimoku Cloud B/L (9, 26, 52, 26) | $0.3028 | Bearish | FXS is trading below the Ichimoku base line, which points to weaker structure. |
Over the past 7 days, Frax Share price was most positively correlated with the price of Solana (SOL), TRON (TRX), Sun Token (SUN), Ethereum (ETH) and Cronos (CRO) and most negatively correlated with the price of APENFT (NFT), Pump.fun (PUMP), Sky (SKY), Filecoin (FIL) and Pyth Network (PYTH).
| Name | Correlation |
|---|---|
| Solana | 0.763 |
| TRON | 0.743 |
| Sun Token | 0.743 |
| Ethereum | 0.726 |
| Cronos | 0.676 |
| Name | Correlation |
|---|---|
| APENFT | -0.460 |
| Pump.fun | -0.287 |
| Sky | -0.224 |
| Filecoin | -0.137 |
| Pyth Network | -0.124 |
Frax Share price is positively correlated with the top 10 coins by market cap with a price of 0.433, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.395. Currencies that are positively correlated with Frax Share indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with Frax Share, a move in one direction for Frax Share would translate into a move in the opposite direction for the negatively correlated coin.
