$MORPHO /USDT SHORT

*Entry*: $2.1650 – $2.1850

*Stop Loss*: $2.2200

*Take Profit 1*: $2.1203

*Take Profit 2*: $2.0682

*Take Profit 3*: $2.0187

MORPHO ran $1.9758 → $2.2127 24h high, +6.25% today. Now at $2.1513 with 3 consecutive red candles after the rejection from $2.2127. 1h shows lower highs forming and selling pressure at $2.1724-$2.2127 resistance. If $2.1850 fails, first support is $2.1203, then $2.0682, then $2.0187 24h low.

Bigger trend is up +56.06% over 180 days, so this is a counter-trend pullback play. The move from 1.9758 was straight up with no base.

$XRP $MORPHO

MORPHO
MORPHOUSDT
2.0722
-3.42%

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