MORPHO just ripped through a minor high, now sitting right at the 0.0183 resistance. The next move looks set to dip.
đŽ $MORPHO SHORT đ
Entry â $2.3488-$2.3536
Stop â $2.4217 (-3.0%)
TP1 â $2.3159 (+1.5%)
TP2 â $2.2336 (+5.0%)
R/R 1:1.7 âą Confidence 64%
We got a CHoCH on the 1-hour, CVD turning down and a fresh FVG sitting right under the current price. An order block from the previous swing lines up with that gap, and the liquidity sweep just ate the last bullish stop. All that POI confluence screams short.
A 3% stop is a bit tight for a swing, so stick with low leverage like 2-3x.
Take half off the table once you hit the first target around 0.0170.
Not financial advice â trade only what you can afford to lose đ
$MORPHO #MORPHOUSDT #septembercpiwatch #TradingSignals #Write2Earn
đŽ $MORPHO SHORT đ
Entry â $2.3488-$2.3536
Stop â $2.4217 (-3.0%)
TP1 â $2.3159 (+1.5%)
TP2 â $2.2336 (+5.0%)
R/R 1:1.7 âą Confidence 64%
We got a CHoCH on the 1-hour, CVD turning down and a fresh FVG sitting right under the current price. An order block from the previous swing lines up with that gap, and the liquidity sweep just ate the last bullish stop. All that POI confluence screams short.
A 3% stop is a bit tight for a swing, so stick with low leverage like 2-3x.
Take half off the table once you hit the first target around 0.0170.
Not financial advice â trade only what you can afford to lose đ
$MORPHO #MORPHOUSDT #septembercpiwatch #TradingSignals #Write2Earn