$MORPHO
MORPHO
1.247
+2.38%
TECHNICAL UPDATE – MODERATE BULLISH
$MORPHO is trading at $1.244 (+2.22%), holding above its 24h low of $1.186 with a 24h high at $1.253. Price is consolidating near the upper range, suggesting buyers are slightly stronger than sellers.
Entry:
Conservative entry: $1.240–$1.242
Aggressive breakout entry: above $1.250
Targets (TP):
TP1: $1.250
TP2: $1.260
TP3: $1.270
Stop Loss (SL):
Below $1.230 to limit downside risk
Key Levels:
Support: $1.240 – $1.235 – $1.230
Resistance: $1.250 – $1.253 – $1.260
Pro Tip:
A sustained move above $1.250 with strong volume could signal continuation to $1.260–$1.270. Watch for pullbacks to $1.240–$1.235 as potential lower-risk buying opportunities.