$MORPHO had a big wick earlier, jumping near $1.97 before settling around $1.68.

I see that as a sharp liquidity grab followed by a natural cooldown.

The broader trend still looks positive to me since the price recovered quickly after the dip.

If it holds above $1.63, it’s showing strength. I get the feeling that volatility here is creating opportunities for quick intraday gains rather than long swings.