🔥 Analysis & Recommendation | $MORPHO
📊 MORPHUSDT is approaching a strong resistance at Pivot R4 = 2.123, with the current price at 2.116. The area may see a price rejection if the price fails to break above R4.
🔴 Recommendation: SHORT
💰 Entry: 2.118 – 2.123
🎯 TP1: 2.105
🎯 TP2: 2.085
🎯 TP3: 2.060
🛑 Stop Loss: 2.140
⚠️ A confirmed break of 2.140 invalidates the short scenario.
#MORPH #MORPHUSDT #Binance
📊 MORPHUSDT is approaching a strong resistance at Pivot R4 = 2.123, with the current price at 2.116. The area may see a price rejection if the price fails to break above R4.
🔴 Recommendation: SHORT
💰 Entry: 2.118 – 2.123
🎯 TP1: 2.105
🎯 TP2: 2.085
🎯 TP3: 2.060
🛑 Stop Loss: 2.140
⚠️ A confirmed break of 2.140 invalidates the short scenario.
#MORPH #MORPHUSDT #Binance