$MORPHO
MORPHO/USDT Latest Technical Update | Key Levels in Focus
1. Trend: Bullish – price trending above rising MA7 and MA25 with sustained higher closes.
2. Market Structure: Higher highs and higher lows from 1.113 base.
3. Momentum: Strong upward momentum with controlled pullbacks.
4. Key Support: 1.384 – 1.359 zone (recent consolidation and MA25 area).
5. Key Resistance: 1.439 – 1.456 area (recent high and overhead level).
6. Current Signal: Breakout retest near 1.439 high.
7. Bullish Scenario: Hold above 1.384 and break 1.439 to open continuation toward 1.456.
8. Bearish Scenario: Lose 1.384 and pullback likely extends toward 1.312 region.
9. Invalidation Level: Sustained 1H close below 1.312 weakens bullish structure.
10. Closing Line: Structure remains constructive while price holds above 1.384 support.
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