$MORPHO Perp
🔴 Long Liquidation Alert — $MORPHO
$2.6622, up 18.49%. Trading near the top of the range ($2.247 – $3.154). Longs are exposed if we fail to push higher and drop back toward $2.247.
Support: $2.247–$2.662
Resistance: $2.662–$3.154
Next Target: $2.247
Holding $2.662 could lead to a retest of $3.154. A breakdown under $2.247 with momentum suggests further downside. Reclaiming $3.154 would confirm recovery.
For now, momentum favors caution until the market confirms direction.
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