$MORPHO is pressing into a key 4H resistance after building a clean higher-low structure from the 1.06 base. The impulsive move into 1.20 shows buyers are stepping in with intent, not weak volume. Now price is compressing just under 1.24 — this is decision time. A breakout with follow-through can trigger the next expansion leg, while rejection could send it back for a healthy retest. I’m watching for confirmation, not chasing the top candle.
Trade Setup
Entry: 1.18 – 1.21
Stop Loss: 1.12
Target 1: 1.24
Target 2: 1.28
Target 3: 1.32
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