$MORPHO /USDT — Short position after a deviation

MORPHO has experienced a deviation from the upper range and shows weakness after the rebound. Selling pressure is increasing near the resistance level.

Entry zone: 1.23 – 1.25

Target 1: 1.21

Target 2: 1.19

Target 3: 1.17

Stop-loss: 1.27

Below 1.23, a continuation of the decline is likely as sellers remain in control.$MORPHO

MORPHOEthereum
MORPHOUSDT
1.1699
-0.45%