$MORPHO /USDT — BULLS FIGHTING BACK, UPSIDE POTENTIAL FORMING ⚡

$MORPHO /USDT is consolidating near key moving averages after minor pullbacks, showing buyer absorption and structure defense. Price holding above MA(99) indicates that the market is preparing for a potential bullish continuation, with upside likely if resistance near 1.19–1.20 is cleared.

📌 TRADE SETUP

Entry Zone: 1.145 – 1.160

Take Profit 1: 1.195

Take Profit 2: 1.230

Take Profit 3: 1.270

Stop Loss: 1.130

📊 SHORT MARKET OUTLOOK

Trend: Neutral-to-Bullish (price near MA cluster, structure intact)

Momentum: Consolidation phase, buyers regaining control

Key Support: 1.145 – 1.150

Key Resistance: 1.195 then 1.270

As long as MORPHO stays above 1.145, dips are likely to attract buyers, and a clean break above 1.195 could trigger a fast continuation move.

$MORPHO

MORPHOEthereum
MORPHOUSDT
1.1367
-1.78%

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