MORPHO drops 6.51% to $2.52, tests key support
- —MORPHO at $2.52, down 6.51% on the day, daily range $2.51–$2.58
- —Volume of $25.74 million, 23% below the 30-day average
- —Price sits below SMA-5/7/10/20 and VWAP of $2.65, but above SMA-30 at $2.50 and SMA-50 at $2.48
- —RSI at 48.8 and stochastic at 19.0 signal weak momentum; MACD is bearish
Why it matters: Holding $2.48–$2.50 preserves the structure, while a break lower opens further downside; no clear catalyst drove the drop.
Source: DiarioBitcoin