🤖 AI Insight

Based on the 15m technical analysis of MORPHOUSDT, here's a brief analysis:

The current price is 1.939, below EMA7 (1.948) and EMA25 (1.987), indicating a bearish trend. RSI14 is at 31.99, nearing oversold territory, which might lead to a potential bounce. MACD is negative, confirming the bearish momentum.

For Long position: Consider entry around 1.924 (support level) with a stop-loss below it.

For Short position: Entry can be considered around 1.948 (EMA7) or 1.987 (EMA25) if the price bounces back, with a stop-loss above 2.093 (resistance).

Best spot buy price: 1.924.

Keep an eye on the decreasing volume trend, as it may indicate a weakening trend.