In the last 24 hours, whale wallets increased their holdings by 1.32%, raising their total to 3.74 million MORPHO, now valued at nearly $9.9 million at the current price of $2.76.

At the same time, foreign exchange reserves fell by 1.35% (currently at 21.32 million MORPHO), reflecting parallel retail purchases.

Morpho has outperformed the overall market with daily gains of 9.4% and nearly 77% growth over the last three months.

On the chart, it recently surpassed a critical resistance at $2.63 and is now targeting $3.09, with bullish potential up to $3.80 if momentum is maintained.

In the long term, Fibonacci extensions suggest $4.57, which would mark a new all-time high. The invalidation point is below $2.18, where the bullish setup would turn bearish.

$MORPHO