$MORPHO
Morpho is trading at $1.866
It tends to fluctuate with an upward bias after a rebound from levels close to $1.75. The currency belongs to the DeFi sector for lending and borrowing, where the protocol connects lenders and borrowers directly to improve benefits and capital efficiency.
Support:
$1.80
$1.72
Resistance:
$1.95
$2.10
Potential trading points:
Entry close to $1.80 – $1.85 if it holds the support.
Or entry after breaking $1.95 to confirm the upward movement.
Potential targets:
$2.05
$2.25
👇
Staying above $1.80 supports the continuation of the rise.
Breaking $1.72 may push the price down to $1.60 before any new rebound.
#Morpho
Morpho is trading at $1.866
It tends to fluctuate with an upward bias after a rebound from levels close to $1.75. The currency belongs to the DeFi sector for lending and borrowing, where the protocol connects lenders and borrowers directly to improve benefits and capital efficiency.
Support:
$1.80
$1.72
Resistance:
$1.95
$2.10
Potential trading points:
Entry close to $1.80 – $1.85 if it holds the support.
Or entry after breaking $1.95 to confirm the upward movement.
Potential targets:
$2.05
$2.25
👇
Staying above $1.80 supports the continuation of the rise.
Breaking $1.72 may push the price down to $1.60 before any new rebound.
#Morpho