$MORPHO Market Outlook
Morpho shows early signs of a short-term recovery after testing the 2.015 support zone. Price is now reclaiming short term moving averages hinting at renewed buyer momentum if volume holds steady.
Entry: 2.070 – 2.080 range
TP1: 2.110
TP2: 2.135
TP3: 2.160
Stop Loss: 2.020
The bounce from the 2.015 low indicates strong buying interest at that zone. The MA(7) crossing above MA(25) is an early bullish signal, suggesting momentum could carry toward the 2.13–2.16 resistance band. However, a close below 2.020 would invalidate the setup and may trigger another retest of lower support levels.
