$MORPHO just flipped multi-month resistance at $2.23 into support. Clean breakout with acceptance above $2.2369.
Ascending trendline holding strong. Higher lows stacking. Structure looks bullish.
Key levels:
Support: $2.2369 (ex-resistance)
Retest zone: $0.23-$0.24
Targets: $3 → $4 → $5
Upside to $4 = ~60% from here if $2.2369 holds.
Invalidation: 3D close below $2.2369 kills the setup and opens door to deeper correction.
Bias: BULLISH above $2.2369. Watch for retests.
Ascending trendline holding strong. Higher lows stacking. Structure looks bullish.
Key levels:
Support: $2.2369 (ex-resistance)
Retest zone: $0.23-$0.24
Targets: $3 → $4 → $5
Upside to $4 = ~60% from here if $2.2369 holds.
Invalidation: 3D close below $2.2369 kills the setup and opens door to deeper correction.
Bias: BULLISH above $2.2369. Watch for retests.