$MORPHO - Bearish Breakdown in Progress 🔻 🔻
Entry: 2.1630–2.1650
TP1: 2.1250 | TP2: 2.1050 | TP3: 2.0850
SL: Above 2.1990
The current 15m setup shows a solid bearish momentum release below the prior 20-bar closes after a relatively compressed 20-bar structure; the close remained pinned near the candle extreme with relatively restrained volume participation, while open interest remains relatively stable and funding stays broadly balanced.
#MORPHO #MORPHOUSDT
Entry: 2.1630–2.1650
TP1: 2.1250 | TP2: 2.1050 | TP3: 2.0850
SL: Above 2.1990
The current 15m setup shows a solid bearish momentum release below the prior 20-bar closes after a relatively compressed 20-bar structure; the close remained pinned near the candle extreme with relatively restrained volume participation, while open interest remains relatively stable and funding stays broadly balanced.
#MORPHO #MORPHOUSDT
