$MORPHO just saw a long liquidation of $1.9929K at $1.84478. I’m watching this closely because I believe this correction is healthy—it’s giving the market time to shake out weak hands before the next push.
I’m looking at the Entry Zone between $1.820–$1.850. Target 1 is $1.910, and Target 2 sits at $1.975. Stop Loss is tight at $1.800 to manage risk.
This zone is strong because it’s aligning with a previous support level that held back in early March and coincides with a 0.618 retracement from the last swing high. Price has reacted here multiple times, showing that buyers are stepping in.
If this level holds, they’re building strength, and the momentum could push MORPHO higher. I’m watching closely for confirmations before adding more.
#MORPHO #CryptoTrading #LongSetup #MarketAnalysis #SupportZone
