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$MORPHO (Morpho Labs) – Failed Breakout, Out
I'm staying far away from MORPHO because it is down -8.13% at $2.4246, failing to hold its breakout above $2.4470. The price has fallen sharply back below the middle band of the Bollinger Bands. The 24h low is $2.3520, and MACD is turning negative. This is a failed breakout that could lead to much lower prices. I'm not touching this until it reclaims the middle band ($2.4160). For now, I'm completely out.
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