$MORPHO /USDT: Bearish Rejection – Short Setup Active ⚠️📉
Strong rejection from $2.043 resistance, followed by a bearish engulfing candle with volume spike. Price dropped back under the $1.998 pivot, now eyeing $1.930 support — a break below could trigger deeper downside.
SHORT: 1.995–2.010
TP1: $1.940 (-3%) | TP2: $1.880 (-6%)
SL: $2.060 (above resistance) | R:R: 1:3+
#MORPHO #CryptoTrading #BearishSetup #ShortSignal #PriceAction