Quick TA on $MORPHO /USDC:
Sitting at ~$1.159 after a -4% dip today. Price broke below Bollinger middle band (1.172) and testing lower band (1.150) – classic pullback in a volatile market.
Volume steady, but that sharp red candle shows sellers in control short-term. Holding above 1.154 low could spark rebound to 1.194 resistance.
DeFi lending king Morpho is built different – optimized yields, permissionless vaults. Corrections like this? Prime accumulation spots for the patient. 🚀
What’s your move – buy the dip or wait? 👇
