MORPHO Nears $2: On-Chain Fuel Meets Range Resistance

1 week ago 6

Key Takeaways

• MORPHO is pinned just below $2.
• Whale transactions hit their highest level since October 2025.
• New wallet growth also accelerated sharply.
• Exchange outflows suggest lower sell pressure.

That puts price directly beneath the 0.5 Fibonacci retracement at $2, a level that has capped every rally since June.

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