Morpho (MORPHO) drops 4.7% to $2.59 after DeFi fee controversy
- —Price at $2.59, down 4.7% in 24 hours and $0.128 from the prior close of $2.62
- —RSI at 52.9 signals neutral momentum, MACD remains bullish
- —Key support at $2.53 (38.2% Fibonacci), followed by the 20-day SMA at $2.47
- —Token trades 37.6% below its January 2025 all-time high
Why it matters: The reputational hit could accelerate profit-taking after a 19% two-week rally, though the broader uptrend structure remains intact.
Source: DiarioBitcoin