Markets· ★★· bearish·

MORPHO falls 7% to $2.07, trading below all moving averages

  • —Price at $2.07, down 7% on the day, with an intraday low of $2.06
  • —Volume of $16.52 million is 39.26% below the 30-day average
  • —RSI at 35.3 and a negative MACD point to weak momentum
  • —Morpho Midnight deposits have topped $100 million
Why it matters: The decline comes on thin volume, so a break of the $2.06–$2.08 support could give way to a rebound toward $2.12.
#MORPHO
Source: DiarioBitcoin
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