$MORPHO Currently, its price is at $2.3080.
It has risen 8.85% over the last 24 hours.
In the long term, the bullish structure remains firm. Therefore, we continue looking for higher zones. In the event of a pullback, we could look for a support point to reinforce the long-term structure.
In the short term, the price has clearly declined, but we could take advantage of a rebound toward the $2.500 zone, as breaking through that zone is important for buyers to gain control. If we analyze it closely, it has become a difficult ceiling to break, so if the price fails to surpass it, we could see a pullback.
Key zones:
• Support line: Located around $1.911. This would be the first level to watch in the event of a pullback.
• Resistance line: Located around $2.500. This level is key for clearing liquidity in the upper zone. However, it represents a difficult ceiling to break.
#HazTradingAqui 👇🏼
It has risen 8.85% over the last 24 hours.
In the long term, the bullish structure remains firm. Therefore, we continue looking for higher zones. In the event of a pullback, we could look for a support point to reinforce the long-term structure.
In the short term, the price has clearly declined, but we could take advantage of a rebound toward the $2.500 zone, as breaking through that zone is important for buyers to gain control. If we analyze it closely, it has become a difficult ceiling to break, so if the price fails to surpass it, we could see a pullback.
Key zones:
• Support line: Located around $1.911. This would be the first level to watch in the event of a pullback.
• Resistance line: Located around $2.500. This level is key for clearing liquidity in the upper zone. However, it represents a difficult ceiling to break.
#HazTradingAqui 👇🏼