$MORPHO /USDT TECHNICAL ANALYSIS – BULLISH CONTINUATION
The $MORPHO /USDT pair is showing early signs of bullish continuation after consolidating near key support around 1.952. Short-term moving averages (MA/EMA) are trending upward, indicating strong buying pressure. MACD is poised for a bullish crossover, while Bollinger Bands show the potential for an upward breakout without immediate overbought conditions. Volume confirms increased market participation, supporting the bullish bias.
Trade Setup:
Entry (Long): Above 2.000
Target 1 (TP1): 2.037
Target 2 (TP2): 2.060
Stop Loss (SL): 1.975
Risk Management:
Risk no more than 2% of total capital per trade. Trail SL if price sustains above key support to lock in profits.
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MORPHOUSDT
Perp
1.9888
+10.15%