$MORPHO /USDT holds firm near 1.233 after a strong +11% rebound from 1.19-1.20 support, now consolidating sideways for a potential breakout. This range absorption keeps structure bullish on Binance, extending the recovery narrative from our SOL, C98, AUCTION, KAIA, FRAX, ZAMA longs, ZIL short, and XAU momentum.
## Price Structure
Sharp selloff flipped to rebound, with sideways action signaling balance before direction. Holding above rebound zone maintains constructive bias, akin to ZAMA's post-pump stability or AUCTION's compression in this alt sequence.
## Trade Setup
| Parameter | Level | Notes |
|------------|-------------|-------|
| Entry Zone| 1.220–1.245| Dip-buy on consolidation for optimal entry. |
| Target 1 | 1.260 | Initial breakout test; scale 30%. |
| Target 2 | 1.300 | Key resistance; +6-8% upside. |
| Target 3 | 1.360 | Extension on volume confirmation. |
| Stop Loss | 1.190 | Below support (~3-4% risk); invalidates.
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