MORPHO/USDT Price Analysis: Strong Bullish Momentum – Best Buy Entry & Stop Loss Strategy
$MORPHO /USDT is showing strong bullish momentum on the 1H timeframe. The current price is trading around $1.38 with a solid +15% gain in the last 24 hours. The price is holding above MA(7), MA(25), and MA(99), which confirms a strong uptrend structure. Higher highs and higher lows indicate that buyers are in control, and volume spikes support the breakout strength.
Technical Overview
The recent breakout above the $1.30 resistance level pushed the price toward $1.39 (24h high). Short-term moving averages are aligned bullishly, and the price is respecting the MA(7) as dynamic support. If momentum continues, the next resistance zone could be around $1.42–$1.45.
Buy Entry Strategy
Best Buy Zone: $1.34 – $1.36 (on pullback)
Stop Loss: Below $1.28 (below MA25 and recent support)
Target 1: $1.42
Target 2: $1.48
Traders should wait for a small pullback before entering to reduce risk. Avoid buying at the top of the spike. Risk management is key.
MORPHO remains bullish unless it breaks below $1.28 support.
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