🚀 $MORPHO
/USDT Setup — Breakout Watch Above Resistance Zone!
$MORPHO is currently sitting at a critical decision zone around 1.71 USDT, testing the upper resistance after a short-term recovery move.
📊 Market Structure
Current Price: 1.711
Resistance: 1.73 – 1.75
Support: 1.64 – 1.61
Trend: Short-term weak, long-term recovering
⚡ Trade Idea (Breakout Setup)
🟢 Entry Zone
Buy Above: 1.73 (confirmation breakout)
OR safer entry: 1.66 – 1.68 pullback zone
🔻 Stop Loss
1.59 (below key support zone)
🎯 Targets
Target 1: 1.80
Target 2: 1.92
Target 3: 2.05 (if momentum continues)
#SKHynixADRListing #BTCFallsBelow200WeekMA #BTCBreaksBelowRainbowChartFloor
/USDT Setup — Breakout Watch Above Resistance Zone!
$MORPHO is currently sitting at a critical decision zone around 1.71 USDT, testing the upper resistance after a short-term recovery move.
📊 Market Structure
Current Price: 1.711
Resistance: 1.73 – 1.75
Support: 1.64 – 1.61
Trend: Short-term weak, long-term recovering
⚡ Trade Idea (Breakout Setup)
🟢 Entry Zone
Buy Above: 1.73 (confirmation breakout)
OR safer entry: 1.66 – 1.68 pullback zone
🔻 Stop Loss
1.59 (below key support zone)
🎯 Targets
Target 1: 1.80
Target 2: 1.92
Target 3: 2.05 (if momentum continues)
#SKHynixADRListing #BTCFallsBelow200WeekMA #BTCBreaksBelowRainbowChartFloor