$MORPHO just woke up 👀
The 1H chart shows a strong breakout from the 2.23–2.36 range, followed by a move all the way to 2.735. Price is now around 2.68, while the Supertrend has flipped bullish at 2.492.
My levels:
🟢 Entry: 2.58 – 2.64
🛑 SL: 2.47
🎯 TP1: 2.735
🎯 TP2: 2.85
🎯 TP3: 3.00
The key here is the 2.58–2.64 retest zone. If buyers defend that area, MORPHO could make another attempt at 2.735.
A clean break and hold above 2.735 would open the door toward 2.85 → 3.00.
But after a nearly 20% move today, I wouldn’t chase the current candle. Let it cool down and give a proper retest.
As long as 2.47 holds, the 1H structure remains constructive.
Strong breakout, but the entry matters more than the excitement. Let the setup come to you. 📊
#morpho
The 1H chart shows a strong breakout from the 2.23–2.36 range, followed by a move all the way to 2.735. Price is now around 2.68, while the Supertrend has flipped bullish at 2.492.
My levels:
🟢 Entry: 2.58 – 2.64
🛑 SL: 2.47
🎯 TP1: 2.735
🎯 TP2: 2.85
🎯 TP3: 3.00
The key here is the 2.58–2.64 retest zone. If buyers defend that area, MORPHO could make another attempt at 2.735.
A clean break and hold above 2.735 would open the door toward 2.85 → 3.00.
But after a nearly 20% move today, I wouldn’t chase the current candle. Let it cool down and give a proper retest.
As long as 2.47 holds, the 1H structure remains constructive.
Strong breakout, but the entry matters more than the excitement. Let the setup come to you. 📊
#morpho
