$MORPHO /USDT – Market Update 🔷
MORPHO is trading around 1.157 after bouncing strongly from the 1.10 support zone. Price showed a recovery move with green candles, but near-term momentum looks slightly weak as small red candles appear near resistance.
MORPHO
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Buyers have defended the lower area well, but a clear breakout is needed for continuation.
Support: 1.14 – 1.10
Resistance: 1.18 – 1.20
TP1: 1.18
TP2: 1.22
SL: 1.09
Holding above 1.14 can keep the recovery intact. A rejection from resistance may lead to short-term consolidation or a pullback.