【See Rise】
MORPHO currently reports 2.398, up 5.59% over the past 24 hours. The 7-day increase is 4.77%, with an intraday range of 2.254–2.473.
During the market bottoming phase, MORPHO can still hold a green 24-hour reading, indicating that independent capital is propping it up.
As long as 2.254 isn’t lost, the current pullback can be considered strong consolidation.
In the short term, the outlook is bullish.
【Bullish Rationale】
A single-day gain of 5.59% isn’t overly dramatic, but combined with a 7-day slope of 4.77%, the trend is pointing the right way.
For the rebound, first look at the intraday high of 2.473. After an effective breakout, new upside space will open.
$MORPHO #MORPHO