MORPHO Trading Inside a Rising Wedge — Big Move Loading! 🚀Price is consolidating within a rising wedge pattern on the 1H chart — a setup that often precedes a high-momentum breakout, especially when volume surges.
🔸Price currently testing upper wedge resistance near 2.08.
🔹Major breakout zone: 2.24 — if this level breaks with strong volume, we could see new ATH levels in sight.
🔸Structure shows consistent higher lows, indicating steady accumulation before the next impulse.
🎯 Levels to Watch :
Immediate Resistance: 2.08
Major Resistance: 2.24
Support Zone: 1.95 – 1.90
Potential Targets: 2.40 → 2.60 → ATH range
#MORPHO is gearing up for a potential wedge breakout. A confirmed candle close above 2.24 could ignite a strong bullish leg toward fresh highs.
👀 Keep this coin on your radar — the setup looks primed for a move!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.