Records $MORPHO a strong upward momentum,
and currently trades $MORPHO at a level of $1.594 (+13.61%), after a strong start from the low of $1.347, now approaching the daily high of $1.597.
📊 Analysis:
There is a clear breakout structure supported by strong green candles, confirming buyers' control over the movement. If the price maintains trading above the level of $1.55, it is likely to continue rising towards higher levels.
🎯 Profit targets (bullish scenario):
First target: 1.620
Second target: 1.650
Third target: 1.700
📉 Support area: 1.520 – 1.480
📈 Resistance area: 1.600 – 1.620
The momentum is strong currently — it's preferable to watch for confirmation of a breakout above 1.60 ⚡
$MORPHO
#MORPHOUSDT
and currently trades $MORPHO at a level of $1.594 (+13.61%), after a strong start from the low of $1.347, now approaching the daily high of $1.597.
📊 Analysis:
There is a clear breakout structure supported by strong green candles, confirming buyers' control over the movement. If the price maintains trading above the level of $1.55, it is likely to continue rising towards higher levels.
🎯 Profit targets (bullish scenario):
First target: 1.620
Second target: 1.650
Third target: 1.700
📉 Support area: 1.520 – 1.480
📈 Resistance area: 1.600 – 1.620
The momentum is strong currently — it's preferable to watch for confirmation of a breakout above 1.60 ⚡
$MORPHO
#MORPHOUSDT