MORPHO drops 7.70% to test $2.26 support
- —Price at $2.28 versus a $2.47 open, below the $2.39 VWAP
- —Volume of $33.69 million is 8.25% above the 30-day average
- —RSI at 43 and a bearish MACD, while the stochastic at 11.3% signals oversold
- —Token sits 44.9% below its $4.15 all-time high
Why it matters: Holding $2.26 and the $2.10 200-day SMA will decide whether MORPHO's rebound holds or the slide extends.
Source: DiarioBitcoin