$MORPHO /USDT Current price is trading around 1.474 USDT, up approximately +3.44% in the last 24 hours. After a strong breakout move toward the 1.500 high, price is now slightly pulling back, suggesting short-term consolidation after an impulsive leg up.
On the lower timeframes, we can see a clear sequence of higher highs and higher lows. The breakout above the 1.45 region came with strong bullish momentum, confirming buyer strength. The current pullback looks healthy rather than a reversal, as long as key support levels hold.
Market Structure Overview
24H High: 1.500
24H Low: 1.347
Short-term trend: Bullish
Immediate resistance: 1.500
Key support: 1.440 – 1.450
If price holds above the 1.45 area, continuation toward new intraday highs remains likely.
Trade Setup
• Entry Zone: 1.450 – 1.470
• Target 1: 1.500
• Target 2: 1.530
• Target 3: 1.580
• Stop Loss: 1.420
A clean break and sustained close above 1.500 with volume expansion could trigger acceleration toward the higher targets. However, losing 1.440 support would weaken the bullish structure and increase the probability of a deeper retracement.
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On the lower timeframes, we can see a clear sequence of higher highs and higher lows. The breakout above the 1.45 region came with strong bullish momentum, confirming buyer strength. The current pullback looks healthy rather than a reversal, as long as key support levels hold.
Market Structure Overview
24H High: 1.500
24H Low: 1.347
Short-term trend: Bullish
Immediate resistance: 1.500
Key support: 1.440 – 1.450
If price holds above the 1.45 area, continuation toward new intraday highs remains likely.
Trade Setup
• Entry Zone: 1.450 – 1.470
• Target 1: 1.500
• Target 2: 1.530
• Target 3: 1.580
• Stop Loss: 1.420
A clean break and sustained close above 1.500 with volume expansion could trigger acceleration toward the higher targets. However, losing 1.440 support would weaken the bullish structure and increase the probability of a deeper retracement.
#HarvardAddsETHExposure #StrategyBTCPurchase