$MORPHO REJECTS HARD AT 1.80 — BEARS EYE DEEPER PULLBACK 🔥
Entry: 1.685-1.705 🔥
Target: 1.660, 1.635, 1.600 🚀
Stop Loss: 1.735 ⚠️
The sharp bearish engulfing candle after rejection near the 1.80 resistance confirms strong selling pressure. Price is already below the entry zone, and the 4H RSI has dropped below 50 for the first time in two weeks — momentum is shifting in favor of sellers.
A retest of the 1.685-1.705 area would offer a clean short with a 1:2.5 R:R to the first target. Are you waiting for that retest or already in?
Not financial advice. Always manage your risk.
#MORPHO #ShortSetup #Rejection #Crypto
💎
Entry: 1.685-1.705 🔥
Target: 1.660, 1.635, 1.600 🚀
Stop Loss: 1.735 ⚠️
The sharp bearish engulfing candle after rejection near the 1.80 resistance confirms strong selling pressure. Price is already below the entry zone, and the 4H RSI has dropped below 50 for the first time in two weeks — momentum is shifting in favor of sellers.
A retest of the 1.685-1.705 area would offer a clean short with a 1:2.5 R:R to the first target. Are you waiting for that retest or already in?
Not financial advice. Always manage your risk.
#MORPHO #ShortSetup #Rejection #Crypto
💎