$MORPHO
📉 $MORPHO drops to $1.56, down 12% in 24h and 22% this week, as market sentiment sinks into Extreme Fear (11).
📊 Price sits below key EMAs, confirming a bearish trend, though RSI ~32 shows it’s nearing oversold territory.
🔥 Despite the decline, Morpho remains strong fundamentally with $6B+ TVL and rising institutional adoption, including Société Générale and major lending partners.
💡 Support sits at $1.52, while resistance remains at $2.00; traders may watch for an oversold bounce but overall caution is advised.
