$MORPHO 24h Price up +18.55%, current price 2.6089 $USDT. The price is currently near a key level around 2.6458.
🧭 Short-term view: bullish. The reasons are that the current price is above the 24h midline, the rise and trading volume are still in sync, and when volatility increases, focus first on the invalidation level.
🎯 Key levels:
Support: 2.41275 (24h midline)
Resistance: 2.6458 (24h upper band)
Invalidation level: 2.41275 (if broken, the short-term trend turns weaker)
About 1.41% away from the 24h high.
📊 Contract: Long/Short ratio 3.08|Fee rate +0.0050% (longs are favored; not overheated)
📝 Observation plan: Pull back to 2.41275 without breaking it—observe bullishly. If 2.41275 breaks, the short-term turns weaker—wait and see first. If volume breaks through 2.6458, then assess whether the strength can continue.
#MORPHO #Contract trading
🧭 Short-term view: bullish. The reasons are that the current price is above the 24h midline, the rise and trading volume are still in sync, and when volatility increases, focus first on the invalidation level.
🎯 Key levels:
Support: 2.41275 (24h midline)
Resistance: 2.6458 (24h upper band)
Invalidation level: 2.41275 (if broken, the short-term trend turns weaker)
About 1.41% away from the 24h high.
📊 Contract: Long/Short ratio 3.08|Fee rate +0.0050% (longs are favored; not overheated)
📝 Observation plan: Pull back to 2.41275 without breaking it—observe bullishly. If 2.41275 breaks, the short-term turns weaker—wait and see first. If volume breaks through 2.6458, then assess whether the strength can continue.
#MORPHO #Contract trading