Would you short $MORPHO given this chart? Here's my honest analysis
$MORPHO SETUP — 📉 SHORT
Here's what the data shows:
• Price: 1.9288 (24H Range: 1.8882–1.9511)
• RSI(14): 57.4 — Neutral-High
• EMA20: $1.9182 | EMA50: $1.9056 ⚠️ Above EMA50
• Volume: $3.58M
📉 If yes, here's the plan:
📉 Entry: 1.9184 – 1.9377
🛑 Stop: 2.0346
🎯 TP1: 1.7428
🎯 TP2: 1.6228
🎯 TP3: 1.4625
The higher the RSI at resistance, the better the short.
Price is the only truth — and it's pointing lower.
The MORPHO showing no signs of life — bears in total control.
Strong Bias On 👉 $MORPHO 👈 Enter Now
#MORPHO #scalping #shortsignal
$MORPHO SETUP — 📉 SHORT
Here's what the data shows:
• Price: 1.9288 (24H Range: 1.8882–1.9511)
• RSI(14): 57.4 — Neutral-High
• EMA20: $1.9182 | EMA50: $1.9056 ⚠️ Above EMA50
• Volume: $3.58M
📉 If yes, here's the plan:
📉 Entry: 1.9184 – 1.9377
🛑 Stop: 2.0346
🎯 TP1: 1.7428
🎯 TP2: 1.6228
🎯 TP3: 1.4625
The higher the RSI at resistance, the better the short.
Price is the only truth — and it's pointing lower.
The MORPHO showing no signs of life — bears in total control.
Strong Bias On 👉 $MORPHO 👈 Enter Now
#MORPHO #scalping #shortsignal