The pair $MORPHO is trading near the level of 1.255, maintaining a stable upward trend after bouncing from a short-term support area. The chart on the hourly frame shows rising positive momentum as buyers gradually enter, reinforcing the chances of continued movement towards higher levels.

📌 Entry area: 1.24 – 1.27

🎯 Target 1: 1.30

🎯 Target 2: 1.34

🎯 Target 3: 1.40

🛑 Stop loss: 1.18

As long as the price remains above the support range, the upward trend remains valid and can expand towards the specified targets.

$MORPHO

MORPHOUSDT

Perp

1.1672

-3.87%