$MORPHO — 2.4029 supply shaping a double top. Emptying soon below 2.2177.
Trade Plan: Short $MORPHO
Entry: 2.35 – 2.40
SL: 2.4809
TP: 1.9723 | 1.6960 | 1.4419
Strategy: Adjust Quantities to that much you can afford to loose
Why this Setup?
A double top is forming near the 2.4029 supply as buyers struggle to push higher. A break below 2.2177 could unleash a sharp decline toward 1.9723 and lower. As long as 2.4809 holds, the bearish setup remains valid.
Click Here to Trade 👇 $MORPHO
Trade Plan: Short $MORPHO
Entry: 2.35 – 2.40
SL: 2.4809
TP: 1.9723 | 1.6960 | 1.4419
Strategy: Adjust Quantities to that much you can afford to loose
Why this Setup?
A double top is forming near the 2.4029 supply as buyers struggle to push higher. A break below 2.2177 could unleash a sharp decline toward 1.9723 and lower. As long as 2.4809 holds, the bearish setup remains valid.
Click Here to Trade 👇 $MORPHO
