$MORPHO O/USDT LONG Setup (Continuation + Breakout Play)

Trade Plan

Entry: $1.70 – $1.76

Stop Loss: $1.62

Take Profits

TP1: $1.86

TP2: $1.98

TP3: $2.15

trade here $MORPHO

MORPHO
MORPHOUSDT
1.9197
+0.28%

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Why this setup

Strong bullish momentum (+10% move) showing continuation strength

Price holding above key support zone $1.68 – $1.70

Near breakout of 24h high ($1.78) → potential expansion move

Volume stable → buyers still active

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Alternative (Bearish Scenario)

If price breaks below $1.62 → expect drop toward $1.50 zone

Weak structure below support → avoid longs

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Strategy Tip

Wait for a clean breakout above $1.78 or a dip + bounce confirmation near $1.70 before entering. Avoid chasing high candles.

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#MORPHO #CryptoTrade #BinanceFutures #Altcoins #TradingSignal