$MORPHO reclaims $2.80 this week or Iâm wrong. đ
Itâs at $2.69 right now, up 21.56% in 24h and +19.5% on the 4h. Thatâs not sleepy chop, thatâs real bid flow. Volume is $5.24M, 2.6x the 20d average, and price is basically glued to the top of the 30d range. đ
But hereâs the tell: RSI(14) is 71 and longs are paying funding. Overheated, sure. Still, when it holds above the 20d and 50d like this, it usually squeezes once more before it breathes.
No heroics. Just watch $2.80.
#MORPHO
#Binance
Itâs at $2.69 right now, up 21.56% in 24h and +19.5% on the 4h. Thatâs not sleepy chop, thatâs real bid flow. Volume is $5.24M, 2.6x the 20d average, and price is basically glued to the top of the 30d range. đ
But hereâs the tell: RSI(14) is 71 and longs are paying funding. Overheated, sure. Still, when it holds above the 20d and 50d like this, it usually squeezes once more before it breathes.
No heroics. Just watch $2.80.
#MORPHO
#Binance