$MORPHO
📊 $MORPHO Today Analysis: Feb 3, 2026
The DeFi sector is buzzing today as Morpho (MORPHO) shows strong signs of a bullish recovery. With RWA (Real World Asset) deposits on the protocol recently crossing the $800 million milestone and fresh institutional integrations with Bitwise and Coinbase, the "AWS of DeFi" is looking primed for a move.
🔍 Technical Breakdown
* Current Price: Trading at $1.22, gaining momentum after a local low of $1.07.
* Trend Status: Bullish divergence on the 4-hour RSI. The price is currently testing the 20-day EMA ($1.17) as new support, which is a classic sign of a trend reversal.
* Volume: Trading volume has surged to $63M+ in the last 24 hours, indicating high liquidity and active buyer interest.
* Key Levels:
* Resistance: $1.29 (Immediate) / $1.75 (Monthly target)
* Support: $1.15 (Must hold) / $1.07 (Weekly floor)
💡 Trade Setup (Swing Trade)
> "Infrastructure coins lead the recovery. Follow the volume."
>
* Entry Zone: $1.18 – $1.22 (Current levels or on a slight retest of the EMA).
* Target 1: $1.35 (Short-term resistance)
* Target 2: $1.50 (Psychological breakout point)
* Stop Loss: Below $1.10 (Invalidation level)
🚀 Why MORPHO is Trending?
Beyond the price action, Morpho is fundamentally evolving. The transition to Morpho V2 is underway, introducing market-driven rates and better security through a more "immutable" architecture. By becoming the base layer for other DeFi apps (like those built by Bitwise), the token is seeing increased utility as a governance and value-accrual asset.
⚠️ Disclaimer: DeFi assets carry high smart-contract risk. This is for educational purposes and is not financial advice. Always DYOR!
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