$MORPHO /USDT BEARISH PULLBACK — PRICE FACES SELL PRESSURE AFTER STRONG RALLY!

MORPHO/USDT is down 1.44%, cooling off after touching the $1.97 resistance. The pair is showing weakness as it forms lower highs on the shorter timeframes, suggesting momentum is fading. If the $1.62–$1.60 zone breaks, sellers may push the price toward deeper supports near $1.54. Bulls need to reclaim $1.70 with strong volume to regain control.

Trade Setup:

Short Entry: $1.64 – $1.66

Target 1: $1.58

Target 2: $1.54

Stop Loss: $1.70

Market Outlook:

MORPHO appears to be entering a consolidation-to-correction phase after its recent spike. The short-term bias remains bearish unless the pair reclaims the $1.70 level convincingly.

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