Short $MORPHO

• Entry (short): 1.22 – 1.25

• Stop loss: 1.32

• Take profit 1: 1.18

• Take profit 2: 1.14

• Take profit 3: 1.10

The price has just had a spike to ~1.31 and then was strongly rejected, is adjusting to the MA7 area; RSI cools down → suitable for the short scenario after the push.

MORPHO
MORPHOUSDT
1.6177
+1.65%