$MORPHO Signal】Watching for Long Entry: 4H rally to the top and then pullback, 1H selling pressure intensifies


$MORPHO RSI 4H surges to 80.27, buy depth ratio 0.67, sell volume dominates. 1H MACD histogram shrinks to 0.0146, bullish momentum wanes. Price hits 2.347 then pulls back to 2.254, Bollinger upper band at 2.197 has broken out and detached.
🎯Direction: Wait and see (rebound long position)
⚡Entry/Order: 2.080 - 2.100 (preferably near the lower end of the suggested range)
🛑Stop loss: 1.9854
🚀Target 1: 2.2539
🚀Target 2: 2.2630
🛡️Trade management: Reduce 50% at Target 1, move stop loss to entry price. If it falls below 2.08 and cannot quickly recover, abandon this plan.
Current risk-reward ratio is poor, chasing gains carries much higher risk than potential reward. Funding rate -0.0043% indicates limited bearish pressure, but open interest remains stable, lacking the short squeeze momentum. Depth imbalance -19.54% shows signs of distribution at high levels; waiting for depth to pull back before re-entering aligns better with risk control discipline.
Check real-time market 👇 $MORPHO
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