$MORPHO is showing a sharp momentum shift, trading around $2.7146 (+3.19%) after rising from $2.48 to $2.7738.
What makes the move interesting is the fundamental backdrop: Morpho’s deposits reached a record $14B in August, while current network data shows about $15.82B total deposits and $10.17B TVL. Morpho also went live on Arc this week as credit infrastructure.
Key levels:
Support: $2.68-$2.57
Resistance: $2.77-$2.78
Below $2.57: momentum weakens.
The market is now testing whether MORPHO’s price breakout can catch up with the protocol’s rapidly expanding usage.
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