MORPHO Technical Analysis Feb 1

MORPHO is approaching the critical support zone at $1.0624 from the $1.11 level; under downward trend pressure, RSI is stuck at the 38 level, and for a potential recovery, buyers must defend this level.

Current Price Position and Critical Levels

MORPHO price is positioned at the $1.11 level with a %5.21 drop in the last 24 hours and is trading below EMA20 ($1.21$) within the overall downtrend structure. This position strengthens short-term bearish signals, supported by a 9 strong level confluence detected in 1D/3D/1W timeframes: 1 support/3 resistance in 1D, 1 support/1 resistance in 3D, and 2 support/3 resistance in 1W. The Supertrend indicator is bearish showing $1.35 resistance, RSI at 38.39 is close to the oversold region but momentum is weak. Price has been squeezed between $1.05-$1.18 in the recent range; volume at 14.54M$ is moderate, downside breakout risk is high.

Support Levels: Buyer Zones

Primary Support

The most critical support level is $1.0624 (strength score: 75/100), standing out as a strong order block and liquidity collection zone in 1D and 3D timeframe confluence. This level is one of the recent 1-week lows and has been tested three times in October 2025, experiencing rejection with volume spikes each time; it is also confirmed as a demand zone in 1W. It creates confluence with EMA50 (around $1.07$), where buyers may enter after stop-loss hunting. In case of a breakdown, a liquidity gap forms, targeting $0.5947 (downside target) – this level is the main low from early 2025 and aligns with Fibonacci 0.618 retracement.

Secondary Support and Stop Levels

Secondary supports include $1.00 and $0.85 from the 1W timeframe; these are past swing lows showing high volume nodes in the volume profile. Invalidity level is a close below $1.00; in this case, the downtrend accelerates and $0.5947 becomes the main target (R/R ratio 1:3+). For short-term stop-loss, a 1% buffer below $1.0624 (around $1.05) is recommended, as it aligns with the 24h low.

Resistance Levels: Seller Zones

Near-Term Resistances

The first near-term resistance is $1.1967 (score: 69/100), in confluence with EMA20 ($1.21$) and 1D supply zone; rejected twice in the last 48 hours with declining volume, showing seller dominance. The second resistance is $1.2638 (score: 64/100), a pivot high near Supertrend $1.35 and an order block in the 3D timeframe. Liquidity grab potential is high between these levels; volume confirmation is required for a breakout, otherwise fakeout risk exists.

Main Resistance and Targets

The main resistance is $1.7247 (score: 72/100), a strong resistance cluster in 1W and 3D; it peaked during the November 2025 rally and aligns with Fibonacci 0.382 extension. This is a liquidity pool where big players open short positions; rejection is expected upon testing. Upside target extends to $1.90 after this level, but low probability under the current bearish structure (R/R 1:2.5).

Liquidity Map and Big Players

The liquidity map shows heavy stop-loss accumulation below $1.0624 – big players (whales) could sweep this to hunt liquidity above ($1.20-$1.26 range). Above, equal highs/lows between $1.1967-$1.2638 create imbalance; low-volume fair value gaps exist in the volume profile. In the downtrend, sellers are adding positions above $1.11, while buyers wait at $1.06. MTF confluence is strong at 9 levels, pointing to potential liquidity run downside to $0.85.

Bitcoin Correlation

Bitcoin is in a downtrend at $78,070 with a %4.84 drop; main supports at $77,808, $75,720, and $64,655. BTC Supertrend is bearish with rising dominance pressuring altcoins – MORPHO shows 0.85 correlation with BTC. If BTC breaks below $77.8k, MORPHO loses $1.06 and drops to $0.59; if BTC holds $78.6k-$80.7k resistances, MORPHO could test $1.19. Monitor BTC key levels closely: details in BTC Spot Analysis.

Trading Plan and Level-Based Strategy

Level-based outlook: Hold above $1.0624 for long bias – target $1.1967 (R/R 1:2), stop $1.05. On breakdown, short: targets $0.85-$0.59, stop above $1.11. Upside to $1.72 monitored on breakout above $1.2638, but cautious in BTC bearish context. Platform links for MORPHO Spot Analysis and MORPHO Futures Analysis. This analysis is not investment advice; markets are volatile.