🚨 $MORPHO is up 16% today and it's already back above 2.40.
Look at that daily candle. It tagged 2.035 and got bought right back up to a 2.510 high, with 3.26M USDT in volume behind it.
Dip buyers are clearly defending this zone.
RSI is at 53 with plenty of room, and MACD is curling up from its lows. I like the setup.
My plan:
Entry: 2.30 – 2.40
Targets: 2.51 → 2.73 → 3.00
Stop loss: 2.03
If 2.51 breaks on a daily close, I think the 3.00 retest comes quickly. If 2.03 goes, I'm out.
Are you holding $MORPHO or still waiting for confirmation? 👇
#CryptoTrading #MORPHO
DYOR | NFA
Look at that daily candle. It tagged 2.035 and got bought right back up to a 2.510 high, with 3.26M USDT in volume behind it.
Dip buyers are clearly defending this zone.
RSI is at 53 with plenty of room, and MACD is curling up from its lows. I like the setup.
My plan:
Entry: 2.30 – 2.40
Targets: 2.51 → 2.73 → 3.00
Stop loss: 2.03
If 2.51 breaks on a daily close, I think the 3.00 retest comes quickly. If 2.03 goes, I'm out.
Are you holding $MORPHO or still waiting for confirmation? 👇
#CryptoTrading #MORPHO
DYOR | NFA
