$MORPHO

MORPHOUSDT

Perp

1.1549

-1.76%

/USDT LONG TRADE SETUP

$MORPHO is currently trading at 1.1357, sitting very close to its 24h low of 1.1333. The price is in a consolidation phase following a steady decline, and with the MA(7) at 1.1398 just above, a break above this immediate resistance could signal a short-term trend reversal.

Target Points

TP1: 1.1515

TP2: 1.1640

TP3: 1.1850

Stop Loss

Set stop loss below 1.1250 to protect against a further breakdown below the current local support.

Buy and Trade here on $MORPHO

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