$MORPHO /USDT BEARISH BREAKDOWN — SELLERS DOMINATE ⚠️
$MORPHO is struggling to maintain levels above MA25 (1.566) and MA7 (1.500), signaling strong bearish pressure. Price is currently testing immediate support at 1.483–1.491, and momentum favors further downside. Expect a pullback toward key support zones before any potential bullish reversal.
📊 Trade Setup
🔴 Entry Zone (Short Bias): 1.500 – 1.491
🎯 Take Profits:
TP1: 1.474
TP2: 1.458
TP3: 1.435 (extended bearish scenario)
🛑 Stop Loss: 1.515 (above MA7 resistance)
🔎 Market Outlook
Momentum: Bearish, forming lower highs and lower lows.
Trend: Downtrend confirmed below MA25 & MA99.
Key Levels: Resistance 1.566 / 1.612, Support 1.474 / 1.458
Volume: Slight decline, showing weak buying pressure
🔗 Hashtags
#MORPHO #CryptoTrading #BearishSetup #MarketAnalysis #ShortTrade