$MORPHO (DeFi) โ Symmetrical Triangle Breakout Setup ๐
Signal: Long (Bullish Bias)
Limit Entry: $1.867โ|โSL: $1.834
Targets: $1.886 / $1.904 / $1.923
Confidence: 72%
Setup: Symmetrical triangle forming on 5m with tightening range ($1.834โ$1.899). Volume compression and MACD alignment suggest breakout potential. Bullish sentiment driven by Binance listing, strong TVL growth, and positive on-chain inflows.
Context: Price above key EMAs, RSI rising, and โUptoberโ macro tailwinds favor continuation toward $1.90+.
