FRAX this wave of market activity is quite interesting. It surged nearly 40% in 24 hours. Just from the candlestick chart, this isn't an ordinary rebound—it's the main force accumulating.

Trading volume has clearly increased, and importantly, the open interest is also rising. In other words, it's not short sellers being forced to close positions due to panic selling, but rather new long positions being established. The simultaneous upward movement of these two indicators indicates that the buying quality is quite good.

The price has already broken through the psychological barrier of 1.0, and there hasn't been a significant pullback afterward. Massive buy orders directly absorbed the selling pressure, and the market is clearly reluctant to sell. The market logic is straightforward: once the trend is confirmed, it usually has strong continuation.

From a technical perspective, you can participate as follows:
- Long position
- Entry range between 1.050 and 1.065
- Stop loss set at 0.995 (this level must hold)
- First target at 1.150
- Second target at 1.250

The key is to hold the 1.0 level. As long as the upside space opens up, the momentum after breaking through often continues. In the short term, the probability of trend continuation remains relatively high.