MORPHO/USDT Market Analysis
MORPHOUSDT
Perp
1.7388
+2.37%
is trading around $2.055, down 3.16% in the last 24 hours. After hitting a recent high of $2.143, the token is consolidating near short-term moving averages. The MA7 ($2.057) sits just below the MA25 ($2.072), showing mild short-term weakness, while the MA99 ($2.023) keeps the broader trend bullish.
Key Levels:
Resistance: $2.143, $2.16
Support: $2.015, with stronger demand around $1.98–$2.00
Holding above $2.02 could spark a rebound toward $2.10–$2.14, while a drop below $2.00 may lead to $1.90–$1.80. Momentum remains neutral to slightly bearish as volume cools post-uptrend.