$MORPHO — 2.5922 OB seems like a classic Bull Trap. Flush pressure building.
Trade Plan: Short $MORPHO
Entry: 2.55 – 2.60
SL: 2.7332
TP: 1. 2.1585 | 2. 1.7860 | 3. 1.4305
Strategy: Adjust Quantities to that much you can afford to loose
Why this Setup?
A classic bull trap is forming near the 2.5922 OB as the upside move loses strength. A breakdown from this zone could accelerate the flush toward 2.1585 and lower. As long as 2.7332 holds, the bearish setup remains valid.
Click Here to Trade 👇 $MORPHO
Trade Plan: Short $MORPHO
Entry: 2.55 – 2.60
SL: 2.7332
TP: 1. 2.1585 | 2. 1.7860 | 3. 1.4305
Strategy: Adjust Quantities to that much you can afford to loose
Why this Setup?
A classic bull trap is forming near the 2.5922 OB as the upside move loses strength. A breakdown from this zone could accelerate the flush toward 2.1585 and lower. As long as 2.7332 holds, the bearish setup remains valid.
Click Here to Trade 👇 $MORPHO
