๐ Trade Setup: $MORPHO
Current Price: 2.089
24h Volume: $3.25M
Key Resistance: 2.092
Key Support: 1.969
Distance to Resistance: 0.14%
Pre-Breakout Probability: ๐ฅ 100%
Early Entry Score: โ 5/5
๐ฏ Targets:
TP1: 2.13384
TP2: 2.1966
TP3: 2.25936
๐ Stop Loss: 1.92962
โ๏ธ Risk/Reward: 0.28
๐ Trade Note
MORPHO is consolidating just below resistance at 2.092, with consistent volume support indicating a potential upward breakout. A close above 2.09 could trigger momentum toward 2.13โ2.25 levels. Maintain a tight stop below 1.93 to manage downside exposure.
โ ๏ธ Risk Disclaimer
Low risk/reward ratio suggests limited upside before volatility; enter only with confirmation or smaller position sizing.