Traders…..$MORPHO CLEAN BREAKOUT, BULLS IN FULL CONTROL

$MORPHO has flipped structure decisively. After a sharp selloff, price reclaimed key horizontal resistance and accelerated into a strong impulsive move, respecting a steep ascending trendline. The breakout above prior range highs confirms trend reversal, and current price action shows strength with higher highs and higher lows. As long as price holds above the breakout zone, continuation remains the higher-probability scenario.

Trade Bias: Bullish Continuation

Entry Zone: 1.22 – 1.24

TP1: 1.28

TP2: 1.32

TP3: 1.38

Invalidation: Close back below 1.20

Momentum is clearly on the buyers’ side. This is a structure-led move, not a random spike.

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MORPHOEthereum
MORPHO
1.245
+4.27%