$MORPHO IS REJECTING RESISTANCE — SHORT SETUP IN PLAY 🔥
Entry: 1.740 – 1.760 🔥
Target 1: 1.680 🚀
Target 2: 1.620 🚀
Target 3: 1.560 🚀
Stop Loss: 1.785 ⚠️
Price just failed at a local resistance zone after a strong intraday push. Momentum is fading and we're seeing lower highs on the 1H — classic exhaustion pattern. If this rejection holds, the pullback toward 1.680 and lower should come quick. Volume is already dropping off on the bounce, which doesn't favor the bulls.
This zone offers a clean risk-to-reward if you're patient with the entry. Are you shorting here or waiting for a retest of the resistance?
Not financial advice. Always manage your risk.
#MORPHO #ShortSetup #ResistanceRejection #Crypto
🔥
Entry: 1.740 – 1.760 🔥
Target 1: 1.680 🚀
Target 2: 1.620 🚀
Target 3: 1.560 🚀
Stop Loss: 1.785 ⚠️
Price just failed at a local resistance zone after a strong intraday push. Momentum is fading and we're seeing lower highs on the 1H — classic exhaustion pattern. If this rejection holds, the pullback toward 1.680 and lower should come quick. Volume is already dropping off on the bounce, which doesn't favor the bulls.
This zone offers a clean risk-to-reward if you're patient with the entry. Are you shorting here or waiting for a retest of the resistance?
Not financial advice. Always manage your risk.
#MORPHO #ShortSetup #ResistanceRejection #Crypto
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