$MORPHO is at a crossroads. The two numbers that decide it
MORPHO is trading at 2.742, up 22.2% in the last 24 hours.
The trend is up and every dip keeps getting bought.
It has run hot recently, so a small pullback would be normal.
The simple picture:
If it breaks and holds above the recent high, buyers win and higher prices are likely.
If it falls below 2.287, sellers win and lower prices are likely.
Until one of those happens, doing nothing is a completely fine strategy.
Trade MORPHO: spot https://www.binance.com/en/trade/MORPHO_USDT | futures https://www.binance.com/en/futures/MORPHOUSDT
$MORPHO #MORPHO #Write2Earn #BitcoinStrongestWeekSinceMarch2023 #Crypto
Automated technical analysis, not financial advice. I am not responsible for your trades. DYOR.
MORPHO is trading at 2.742, up 22.2% in the last 24 hours.
The trend is up and every dip keeps getting bought.
It has run hot recently, so a small pullback would be normal.
The simple picture:
If it breaks and holds above the recent high, buyers win and higher prices are likely.
If it falls below 2.287, sellers win and lower prices are likely.
Until one of those happens, doing nothing is a completely fine strategy.
Trade MORPHO: spot https://www.binance.com/en/trade/MORPHO_USDT | futures https://www.binance.com/en/futures/MORPHOUSDT
$MORPHO #MORPHO #Write2Earn #BitcoinStrongestWeekSinceMarch2023 #Crypto
Automated technical analysis, not financial advice. I am not responsible for your trades. DYOR.
