$MORPHO #MORPHO đ
Direction: LONG đ
Entry zone: 2.28 to 2.32
Stop loss: 2.20
Target 1: 2.38
Target 2: 2.44
Morpho is trading near 2.31 dollars, up 6.81 percent in 24 hours, inside a range of 2.13 to 2.41. My reading is that buyers are holding near the top of the move, not dumping it. đ The recent closes were steady, 2.30, then 2.31, then 2.30, then 2.31, which is calm holding after a strong day, not a blow off top. A long from the current zone, with a stop below 2.20, targets 2.38 first and then 2.44 if buyers push through the range high. A fall back under 2.20 kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does Morpho push through 2.41 first, or fade back to 2.20? đ€
Follow for more trades.
#Morpho #Crypto #FuturesTrading #TradingSignals
Direction: LONG đ
Entry zone: 2.28 to 2.32
Stop loss: 2.20
Target 1: 2.38
Target 2: 2.44
Morpho is trading near 2.31 dollars, up 6.81 percent in 24 hours, inside a range of 2.13 to 2.41. My reading is that buyers are holding near the top of the move, not dumping it. đ The recent closes were steady, 2.30, then 2.31, then 2.30, then 2.31, which is calm holding after a strong day, not a blow off top. A long from the current zone, with a stop below 2.20, targets 2.38 first and then 2.44 if buyers push through the range high. A fall back under 2.20 kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does Morpho push through 2.41 first, or fade back to 2.20? đ€
Follow for more trades.
#Morpho #Crypto #FuturesTrading #TradingSignals
