$MORPHO The MORPHO weekly chart looks like a genuine bullish breakout attempt, but I would not chase this candle yet.
Price has broken above the previous weekly consolidation around $2.15–$2.30.
Current price is around $2.73, with strong weekly momentum.
The weekly candle still has about 3 hours before closing, so the close is important.
Weekly RSI(6) ≈ 82.7, which is extremely overbought. That shows strength, but also raises the probability of a pullback/retest.
Price has broken above the previous weekly consolidation around $2.15–$2.30.
Current price is around $2.73, with strong weekly momentum.
The weekly candle still has about 3 hours before closing, so the close is important.
Weekly RSI(6) ≈ 82.7, which is extremely overbought. That shows strength, but also raises the probability of a pullback/retest.