MORPHO: Van de Poppe Eyes $4.20 ATH on Dips
MORPHO trades at $2.62 with Michaël van de Poppe flagging $2.35-2.50 dips as prime entries toward the $4.20 all-time high.
SourceAnalysis
MORPHO sits at $2.62 after Michaël van de Poppe labeled the token a prime buy-the-dip candidate in the current market.
The trader outlined entries between $2.35 and $2.50, with the clear objective at the all-time high of $4.20 where little resistance stands in between.
On the 4h chart, price holds above both the EMA50 at $2.34 and EMA200 at $2.11 while the MACD registers a bullish golden cross at 0.13; with RSI neutral at 57.12 and price still inside the Bollinger band, the next volatility expansion targets the upper band at $2.93 before any deeper pullback tests the 50-EMA confluence.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast