I'm looking at the chart — and you know what? Despite the price being around 1.51 now, the picture doesn't look as bad as it may seem at first glance.
Yes, there was a sharp drop, the candles fell down, but the most important thing is that the market found a bottom around 1.42 and immediately bounced back. This means that buyers are sitting there, and they didn't let the price just fall further.
And now it is clear that the coin seems to be 'catching its breath' — it has calmed down, stabilized, and is no longer falling so aggressively. Often after such moments, the market begins to slowly gather and recover.
In simple words:
yes, it has dipped… but it hasn't collapsed. And the hardest part seems to be behind us.
$MORPHO is holding, and that's a good sign.
