$MORPHO - The descending channel keeps slamming every rally as sellers build a wall near the 2.1456 rooftop. Full downside liquidity squeeze below 1.761 📉
Trade Plan: Short $MORPHO
✅ Entry: 2.00 – 2.20
⛔ SL: 2.3944
🎯 TP: 1️⃣ 1.3407 | 2️⃣ 1.0294 | 3️⃣ 0.8224
⚠️ Strategy: Adjust Quantities to that much you can afford to lose.
🧑💻 Why this Setup?
Price continues to struggle beneath the descending channel resistance while heavy supply remains stacked around 2.1456. Buyers are losing momentum with every recovery attempt as larger players appear to be distributing into strength. If 1.761 breaks, downside pressure could accelerate sharply and trigger a broad sweep of lower liquidity zones.
Click Here to Trade 👉 $MORPHO
Trade Plan: Short $MORPHO
✅ Entry: 2.00 – 2.20
⛔ SL: 2.3944
🎯 TP: 1️⃣ 1.3407 | 2️⃣ 1.0294 | 3️⃣ 0.8224
⚠️ Strategy: Adjust Quantities to that much you can afford to lose.
🧑💻 Why this Setup?
Price continues to struggle beneath the descending channel resistance while heavy supply remains stacked around 2.1456. Buyers are losing momentum with every recovery attempt as larger players appear to be distributing into strength. If 1.761 breaks, downside pressure could accelerate sharply and trigger a broad sweep of lower liquidity zones.
Click Here to Trade 👉 $MORPHO