🚀 Riding the Wave of Smart Money! Here’s a trading plan for trade $MORPHO
SDT to take advantage of the market bounce! 🌊
• Entry Price: $1.850 - $1.860
• First Target (TP1): $1.920
• Second Target (TP2): $1.990
• Third Target (TP3): $2.050
• Stop Loss: $1.810
💡 Reason: Through whale data analysis, we see that short positions are concentrated at an average entry near $1.899 with current profits, while the whales that entered long around the $1.951 levels are absorbing the current downwave. Price is forming a strong local accumulation base near the $1.85 level, representing liquidity gathering before the expected upward reversal and targeting the upper resistance—forcing delayed sell orders to close.
SDT to take advantage of the market bounce! 🌊
• Entry Price: $1.850 - $1.860
• First Target (TP1): $1.920
• Second Target (TP2): $1.990
• Third Target (TP3): $2.050
• Stop Loss: $1.810
💡 Reason: Through whale data analysis, we see that short positions are concentrated at an average entry near $1.899 with current profits, while the whales that entered long around the $1.951 levels are absorbing the current downwave. Price is forming a strong local accumulation base near the $1.85 level, representing liquidity gathering before the expected upward reversal and targeting the upper resistance—forcing delayed sell orders to close.