🔴 Long Liquidation: $1.6291K at $2.55384
Entry Zone: $2.56–$2.61
Stop-Loss: $2.47
TP1: $2.68
TP2: $2.76
TP3: $2.88
MORPHO is showing recovery strength after defending the $2.50–$2.55 area. The liquidation around $2.55 suggests leveraged longs were flushed near support, creating a potential rebound zone. Recent price action has also shown stronger participation, so a reclaim above $2.60 would improve the bullish setup.
The trade becomes stronger if price holds above $2.55 and breaks the nearby $2.68 resistance with volume.
Invalidation: A sustained move below $2.47 cancels the long setup.
#Fed signals potential rate hike
