🔴$MORPHO
MORPHOUSDT
Perp.
1.1297
+1.52%
BEARISH TECHNICAL ANALYSIS – DOWNSIDE PRESSURE EXPECTED
$MORPHO is struggling to hold above key support zones, showing early signs of a bearish reversal. Price action is forming lower highs, and sellers are gaining momentum. A decisive break below 1.260 could trigger further downside toward the next support levels.
KEY LEVELS
• TP1: 1.240
• TP2: 1.220
• TP3: 1.200
• SL: 1.290
RISK MANAGEMENT
Keep stop-loss strict, limit position size, and avoid over-leveraging to protect capital.