$MORPHO

MORPHOEthereum
MORPHO
1.293
-0.23%

$MORPHO/USDT | IMPULSE → REJECTION | SHORT SETUP

price_action:

- sharp impulsive rally completed

- rejection from local top

- strong bearish candles = profit-taking, weakening momentum

trade_setup: SHORT

entry_zone:

- 1.255

- 1.270

targets:

- tp1: 1.220

- tp2: 1.180

stop_loss:

- 1.315