MORPHO falls 9.29% to $2.02 and tests support
- —Price at $2.02 sits below SMA-7, SMA-30 and SMA-200, with a negative MACD
- —Volume of $15.55 million is 42.85% below the 30-day average
- —RSI at 33.8 and stochastic at 2.7 signal weakness without confirming a bottom
- —Morpho Midnight deposits surpassed $100 million
Why it matters: The token is under technical pressure on thin volume, and holding above $2 will determine the risk of further downside.
Source: DiarioBitcoin