$MORPHO /USDT is gaining strong bullish traction on the 4H chart, currently trading around 1.628 (+7.25%). The price has decisively reclaimed key moving averages (MA7, MA25, and MA99), confirming a short-term trend reversal backed by rising volume. A sharp impulse move from the 1.432 low highlights aggressive buying interest and a shift in market structure toward higher highs and higher lows.
Technical support is now positioned around 1.565 (MA99 zone) and 1.516 (MA25), which may act as dynamic pullback areas. Structural support lies near 1.50-1.52, where consolidation previously occurred, while the major demand base remains at 1.432.
Trading signals $MORPHO
Strong bullish breakout from ~1.43 zone
Price above key MAs - trend turning bullish
Resistance: 1.65
Supports: 1.56 (technical) and 1.50-1.52 (structure)
Volume spike confirms buying strength
On the upside, resistance is seen near 1.650. A clean breakout above this level could open the path for further upside momentum. As long as price holds above the 1.56 region, the bullish structure remains intact. Traders should watch volume confirmation and manage risk carefully.
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Trade here $MORPHO
