$MORPHO /USDT

MORPHO is currently consolidating near the $1.90 zone after multiple rejections around $2.10. The price has formed a short-term higher low on the 4H chart, suggesting potential accumulation and a possible rebound if buyers hold above $1.88 support.

Entry: $1.91 – $1.93 (accumulation range)

Targets:

Target 1: $1.98

Target 2: $2.06

Target 3: $2.15 (major resistance zone)

Stop-Loss: $1.87 (below recent swing low)

Analysis:

MORPHO remains in a short-term corrective phase but is showing signs of stabilization with increasing volume near the support zone. A 4H close above $1.95 could trigger a bullish move toward the $2.10 area. However, a drop below $1.87 would signal further downside, likely toward $1.80.

Traders should monitor $1.90 closely as the key pivot level for a potential short-term trend reversal.