$MORPHO
has made a serious move over the last few days.
It jumped from around $2.20 to above $2.90, with August 23 bringing a huge 25%+ daily move. Today price is sitting around $2.7, after touching roughly $2.91.
The $2.90 area is the one I'd keep an eye on now. If buyers can break and hold above it, the chart could open up further. If it gets rejected again, a pullback toward $2.50–$2.60 wouldn't surprise me.
Another interesting point: around 5.59M MORPHO were recently withdrawn from exchanges in a record daily outflow. That's worth watching, although an exchange outflow by itself doesn't guarantee price will go up.
MORPHO has momentum right now — the next test is whether buyers can keep it above the recent high.
#SolanaGovernanceVoteToDoubleDeflationRate #GoldNearsThreeMonthHigh #BinanceSquareFamily
has made a serious move over the last few days.
It jumped from around $2.20 to above $2.90, with August 23 bringing a huge 25%+ daily move. Today price is sitting around $2.7, after touching roughly $2.91.
The $2.90 area is the one I'd keep an eye on now. If buyers can break and hold above it, the chart could open up further. If it gets rejected again, a pullback toward $2.50–$2.60 wouldn't surprise me.
Another interesting point: around 5.59M MORPHO were recently withdrawn from exchanges in a record daily outflow. That's worth watching, although an exchange outflow by itself doesn't guarantee price will go up.
MORPHO has momentum right now — the next test is whether buyers can keep it above the recent high.
#SolanaGovernanceVoteToDoubleDeflationRate #GoldNearsThreeMonthHigh #BinanceSquareFamily
