
MORPHO falls 6.8% to $2.11, tests 200-day moving average
- —Price at $2.11, 49% below the $4.15 all-time high set in January 2025
- —RSI at 36.8 with bearish MACD; price below the 5, 10, 20 and 30-day SMAs
- —Daily volume of $17.37 million, 40.05% below the 30-day average
- —Morpho Midnight deposits surpassed $100 million
Why it matters: The drop lacks a confirmed catalyst and tracks broad market weakness; holding $2.08–$2.11 will decide whether the token rebounds or extends losses.
Source: DiarioBitcoin