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$MORPHO is pushing into a resistance zone where upside momentum may begin to fade.
Trading Plan Short $MORPHO
Entry: 2.17 – 2.22
SL: 2.30
TP: 2.08
TP: 2.00
TP: 1.92
The recent move looks extended as price struggles to maintain strong continuation higher. Instead of clean breakout strength, the structure suggests sellers are stepping in while buyers lose follow-through at this level. If rejection confirms here, a pullback toward lower support zones becomes likely.