$MORPHO THE OVERSOLD BOUNCE FROM MAJOR SUPPORT

MORPHOUSDT

Perp

1.989

+5.16%

This is the technical picture of a high-probability reversal. The setup on the $MORPHO chart is a classic oversold bounce from a major support level. The market wide dump caused a capitulation wick, the $MORPHO token is now deeply oversold with a bullish MACD signal. This is the exact setup we look for to enter a high conviction long trade. @Morpho Labs 🦋 #Morpho