$MORPHO is attempting to recover after a sharp decline... but it is still trading below a strong resistance area ⚠️
Momentum remains weak, and this rebound seems like a temporary relief rather than a true reversal for now
📉 If buyers fail to push higher… the price may easily drop again
📊 Trading plan:
💰 Entry: 1.54 – 1.56
🎯 Target: 1.62 – 1.63
🛑 Stop Loss: 1.47
🔑 Important Level: 1.62
Clear breakout = Continued rise 📈
Rejection from the area = Potential drop 📉
⚠️ Trade wisely… the market is unforgiving
#MORPHO #Crypto #تداول #تحليل_فني

MORPHOUSDT
Perp
1.4665
-1.88%