After Euler had a sensational run, Morpho in the same sector might be in for a catch-up trade.
Two Strategic Entry Points:
• Entry 1: Wait for a retest of the diagonal trendline (descending green line) around $1.50-1.60 area
• Entry 2: Enter after price breaks and retests the horizontal resistance zone around $1.90-2.00
Risk Considerations:
•A break below the diagonal support would invalidate the bullish thesis
• The horizontal resistance has acted as a strong ceiling previously
• Volume confirmation will be crucial for any breakout attempt
Two Strategic Entry Points:
• Entry 1: Wait for a retest of the diagonal trendline (descending green line) around $1.50-1.60 area
• Entry 2: Enter after price breaks and retests the horizontal resistance zone around $1.90-2.00
Risk Considerations:
•A break below the diagonal support would invalidate the bullish thesis
• The horizontal resistance has acted as a strong ceiling previously
• Volume confirmation will be crucial for any breakout attempt
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Find top crypto tokens with sector indices, AI-powered sentiment analysis & news summaries.
tokenradar.ai/tv
tokenradar.ai/tv
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.