MORPHO is slumping under a broken bullish swing, the price now sits inside a tight demand zone that just held a liquidity sweep.
🔴 $MORPHO SHORT 📉
Entry $2.1982-$2.2026 | SL $2.2664 (-3.0%) | TP1 $2.1674 (+1.5%) | TP2 $2.0904 (+5.0%) | R/R 1:1.7 | Conf 64%
The CHoCH on the 1‑hour broke the prior swing high, while CVD showed heavy sell pressure confirming the move. An overlapping OB and FVG creates a POI confluence, and the liquidity sweep pin‑pointed the exact entry level.
A 3.0% stop is relatively tight for a short, so keep leverage modest – around 3‑5x is prudent.
Take half profit when price reaches the first fair‑value gap at the next minor resistance.
As always: manage your risk, this is not financial advice 🙏
$MORPHO #MORPHOUSDT #fomcwatch #TradingSignals #Write2Earn
🔴 $MORPHO SHORT 📉
Entry $2.1982-$2.2026 | SL $2.2664 (-3.0%) | TP1 $2.1674 (+1.5%) | TP2 $2.0904 (+5.0%) | R/R 1:1.7 | Conf 64%
The CHoCH on the 1‑hour broke the prior swing high, while CVD showed heavy sell pressure confirming the move. An overlapping OB and FVG creates a POI confluence, and the liquidity sweep pin‑pointed the exact entry level.
A 3.0% stop is relatively tight for a short, so keep leverage modest – around 3‑5x is prudent.
Take half profit when price reaches the first fair‑value gap at the next minor resistance.
As always: manage your risk, this is not financial advice 🙏
$MORPHO #MORPHOUSDT #fomcwatch #TradingSignals #Write2Earn