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📉 DIP WATCH: $MORPHO pulls back from its $3 highs 👀
Crypto is red today. The total market cap is about $2.82T, down 1.6%, and longs lost about $209M in 24h. Traders are nervous about Fed hike odds (68% for October) ahead of the PCE inflation print on Sept 30.
🔻 $MORPHO is around $2.6, pulling back after two runs to about $3.00 (Aug 24 and Sep 25)
🛡️ Levels to watch: $2.51 → $2.40 → $2.04 (mid-Sep low)
🚀 Reclaiming ~$3.00 would put bulls back in control
⚠️ Some analysts see a possible double top. It's unconfirmed unless $2.04 breaks.
My plan: I'm watching $2.51. If it holds, a bounce is possible. If it breaks, I wait for the PCE data. 🎯
Are you buying this dip or waiting for Sept 30? Drop your levels below! 👇
⚠️ Not financial advice. Do your own research, use stop-losses, and only risk what you can afford to lose.
#Morpho #DipWatch #BİNANCESQUARE #crypto #VeloraLynx
{future}(MORPHOUSDT)
📉 DIP WATCH: $MORPHO pulls back from its $3 highs 👀
Crypto is red today. The total market cap is about $2.82T, down 1.6%, and longs lost about $209M in 24h. Traders are nervous about Fed hike odds (68% for October) ahead of the PCE inflation print on Sept 30.
🔻 $MORPHO is around $2.6, pulling back after two runs to about $3.00 (Aug 24 and Sep 25)
🛡️ Levels to watch: $2.51 → $2.40 → $2.04 (mid-Sep low)
🚀 Reclaiming ~$3.00 would put bulls back in control
⚠️ Some analysts see a possible double top. It's unconfirmed unless $2.04 breaks.
My plan: I'm watching $2.51. If it holds, a bounce is possible. If it breaks, I wait for the PCE data. 🎯
Are you buying this dip or waiting for Sept 30? Drop your levels below! 👇
⚠️ Not financial advice. Do your own research, use stop-losses, and only risk what you can afford to lose.
#Morpho #DipWatch #BİNANCESQUARE #crypto #VeloraLynx
Crypto is red today. The total market cap is about $2.82T, down 1.6%, and longs lost about $209M in 24h. Traders are nervous about Fed hike odds (68% for October) ahead of the PCE inflation print on Sept 30.
🔻 $MORPHO is around $2.6, pulling back after two runs to about $3.00 (Aug 24 and Sep 25)
🛡️ Levels to watch: $2.51 → $2.40 → $2.04 (mid-Sep low)
🚀 Reclaiming ~$3.00 would put bulls back in control
⚠️ Some analysts see a possible double top. It's unconfirmed unless $2.04 breaks.
My plan: I'm watching $2.51. If it holds, a bounce is possible. If it breaks, I wait for the PCE data. 🎯
Are you buying this dip or waiting for Sept 30? Drop your levels below! 👇
⚠️ Not financial advice. Do your own research, use stop-losses, and only risk what you can afford to lose.
#Morpho #DipWatch #BİNANCESQUARE #crypto #VeloraLynx
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