Markets· ★★· bearish·

MORPHO drops 9.71% to $2 on volume 85% above average

  • —Price down 9.71% to $2.00, intraday low of $1.96
  • —Volume of $45.77 million, 84.73% above the 30-day average
  • —Trading below 7/15/30/50/90/200-day SMAs; RSI 36.8, MACD negative
  • —Token sits 51.66% below its $4.15 all-time high from January 2025
Why it matters: Heavy volume on the decline signals seller pressure; holding the $1.96 low is the key level to watch for MORPHO.
Source: DiarioBitcoin