$MORPHO IS TESTING CRITICAL RESISTANCE AFTER A CLEAN REBOUND FROM SUPPORT 📈
Entry: 1.68 - 1.71 🔥
Target: 1.78, 1.85, 1.95 🚀
Stop Loss: 1.60 ⚠️
$MORPHO is currently showing signs of accumulation following a successful test of the 1.60 support floor. The price action is now challenging the immediate resistance zone, and a clean breakout here would confirm a shift in short-term market structure.
Volume profiles indicate that buyers are defending the 1.68 level with conviction. We are monitoring the order flow for signs of exhaustion before attempting to scale into a long position. Do you see this retest holding for a move toward the 1.95 target?
Not financial advice. Always manage your risk.
#MORPHO #TechnicalAnalysis #MarketStructure #Crypto
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