$MORPHO is holding its breakout structure, and this pullback could be the setup before another push higher.
MORPHO Long Trade Plan
Entry: $2.58–$2.68
Stop Loss: $2.48
TP1: $2.82
TP2: $3.00
TP3: $3.05
Why this setup:
Strong bullish momentum has pushed MORPHO to the $3.00 area, followed by a controlled consolidation.
The $2.57–$2.60 region is acting as the key support zone, with buyers repeatedly defending the area.
A clean reclaim of $2.82 would confirm renewed upside momentum and open the path toward the previous $3.00 high and the $3.05 resistance zone.
As long as MORPHO holds the support structure, I’m watching for continuation toward the next resistance levels.
Long $MORPHO
$UAI
MORPHO Long Trade Plan
Entry: $2.58–$2.68
Stop Loss: $2.48
TP1: $2.82
TP2: $3.00
TP3: $3.05
Why this setup:
Strong bullish momentum has pushed MORPHO to the $3.00 area, followed by a controlled consolidation.
The $2.57–$2.60 region is acting as the key support zone, with buyers repeatedly defending the area.
A clean reclaim of $2.82 would confirm renewed upside momentum and open the path toward the previous $3.00 high and the $3.05 resistance zone.
As long as MORPHO holds the support structure, I’m watching for continuation toward the next resistance levels.
Long $MORPHO
$UAI
