$MORPHO FAILS TO HOLD RESISTANCE โ SHORT OPPORTUNITY EMERGING ๐ฅ
Entry: 1.760 โ 1.770 ๐ฅ
Target 1: 1.730 ๐
Target 2: 1.700 ๐
Target 3: 1.660 ๐
Stop Loss: 1.790 โ ๏ธ
The market just rejected the 1.790 zone for the third time in four days, and each rejection has been more aggressive. Lower highs are now forming on the 15M chart while selling volume expandsโthis is not noise, itโs distribution. The structure tells us liquidity sits below 1.700, and momentum favors a sweep.
If youโre short, where is your most comfortable target to take partial profit?
Not financial advice. Always manage your risk.
#MORPHO #ShortSetup #Breakdown #Crypto
๐ฅ
Entry: 1.760 โ 1.770 ๐ฅ
Target 1: 1.730 ๐
Target 2: 1.700 ๐
Target 3: 1.660 ๐
Stop Loss: 1.790 โ ๏ธ
The market just rejected the 1.790 zone for the third time in four days, and each rejection has been more aggressive. Lower highs are now forming on the 15M chart while selling volume expandsโthis is not noise, itโs distribution. The structure tells us liquidity sits below 1.700, and momentum favors a sweep.
If youโre short, where is your most comfortable target to take partial profit?
Not financial advice. Always manage your risk.
#MORPHO #ShortSetup #Breakdown #Crypto
๐ฅ