$MORPHO / USDT :: Short-Term Bullish Setup
Price:
> Current: 1.221 USDT (+1.92% / 24H)
> 24H Range: 1.117 → 1.236
> Price trading near upper range, momentum intact
Volume:
> 1.81M MORPHO | 2.13M USDT
> Decent liquidity, manageable slippage
Structure:
> Higher low formed from 1.117
> Gradual upside push, no aggressive rejection
> Consolidation zone: 1.221 – 1.240
> Breakout potential building
Long Plan:
> Entry Zone: 1.221 – 1.230
> Invalidation (SL): 1.115 – 1.120
> Risk defined below daily low
Targets:
> TP1: 1.236 – 1.240 (Range High)
> TP2: 1.250
> TP3: 1.280 – 1.300 (Psychological Extension)
Bias:
> Bullish while above 1.120
> Momentum-based scalp / short swing
Notes:
> Volume is moderate → expect volatility
> Best suited for short-term trades
> Manage risk strictly on alt volatility