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$MORPHO Technical Breakout & Institutional Tailwinds
$MORPHO is delivering a masterclass in trend continuation. After building a rock-solid base near $1.35 throughout early February, the price has shifted its market structure with a series of clean "Higher Highs" (HH) and "Higher Lows" (HL).
The recent break above $1.55 has triggered a fresh wave of momentum as institutional accumulation—specifically the Apollo OTC deal—begins to dry up exchange liquidity.
⚡ Trade Strategy:
$MORPHO / USDT
📍 Entry Zone: $1.55 – $1.62 (Buying the structural breakout)
🎯 Target 1 (TP1): $1.70 (Immediate Scalp Target)
🎯 Target 2 (TP2): $1.82 (Major 2026 Resistance Level)
🚀 Target 3 (TP3): $2.00 (Psychological "Blue Sky" Zone)
🛑 Stop Loss: $1.48 (Invalidation if structure shifts to LH/LL)
🔍 Why This Trade Has High Conviction:
The "Coinbase" Catalyst: Morpho is now the "invisible plumbing" for Coinbase’s $100k instant loans (XRP, DOGE, LTC). This driving massive fee generation back to the protocol.
Structural Strength: On the 4H and Daily charts, is holding above the 200-day EMA ($1.50). As long as we stay above $1.48, the bullish bias is indisputable.
Volume Expansion: 24h trading volume is up ~90%, signaling that whales are actively supporting this leg up toward $1.80.
⚠️ Risk Note:
While the structure is bullish, keep an eye on Bitcoin ($BTC) at $68k. If BTC loses $67,200, it could trigger a "stop-hunt" on alts that might temporarily wick down to $1.45 before the next bounce.
Are you riding the "Universal Lending" narrative to $2.00? 🦋📈
#MORPHO #DeFi #BaseNetwork #CryptoTrading #Bullish #AltcoinSeason
#Coinbase