$MORPHO Strategy: The Exhaustion Fade Sniper
We are watching a clear trend reversal on the lower timeframes. After failing to sustain expansion above $1.83, the "Smart Money" is stepping aside as the price enters a corrective phase.
Entry Zone (Short): $1.808 – $1.815
Target 1 (TP1): $1.797
Target 2 (TP2): $1.785
Target 3 (TP3): $1.770
Stop Loss (SL): $1.845
Trade Logic:
The 5-minute chart confirms a "head and shoulders" type exhaustion pattern at the $1.839 level. Price is currently trading at $1.8049, struggling to reclaim the MA(99) line. We are sniping the continuation of this downtrend toward the previous consolidation base at $1.79.
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