$MORPHO - LONG setup
Price is holding above the 34 and 89 EMAs on the 30m, and buying activity at 57% says buyers are still the ones paying up. That lines up with the bullish trend showing on both the 4H and 1H, so I lean long here. What argues with it: this is trend confirmation, not proof. If buying activity slips back toward even, that's my signal the read is wrong.
Entry: 2.69 - 2.7
SL: 2.64
TP: 2.75 - 2.8 - 2.87
⚠️ Personal market insight, not investment advice. DYOR.
Price is holding above the 34 and 89 EMAs on the 30m, and buying activity at 57% says buyers are still the ones paying up. That lines up with the bullish trend showing on both the 4H and 1H, so I lean long here. What argues with it: this is trend confirmation, not proof. If buying activity slips back toward even, that's my signal the read is wrong.
Entry: 2.69 - 2.7
SL: 2.64
TP: 2.75 - 2.8 - 2.87
⚠️ Personal market insight, not investment advice. DYOR.
