MORPHO: local squeeze with $2.4165 destinationMORPHO / TetherUS PERPETUAL CONTRACTBINANCE:MORPHOUSDT.P3CommasThe Macro Picture 🗺️ MORPHO has been rotating in a broad range below the $2.4165 macro ceiling and now sits at $1.9907, holding above the $1.7778 local low. Price is coiling in the middle of the band with the floor intact — a base rebuilding, not a breakdown. The Setup ⚙️ The Range Floor 🟢 $1.7778 (Local Low) is the near demand shelf, with $1.4282 (Macro Support) as the deeper structural base. As long as $1.7778 holds on pullbacks, the range stays in play. The Decision Point 🔴 $2.1377 (Local High) is the gate. A daily close above it flips the local structure bullish and opens the path to the $2.4165 measured-move target at the macro ceiling. The Roadmap 🛣️ Hold above $1.7778 → break $2.1377 → run toward $2.4165. Invalidation is a clean daily close below $1.4282 — that breaks the range. This is a GRID Range Play: a defined band to rotate, buying the lower half and scaling out into the breakout. #MORPHO #Morpho #crypto #trading #TA #3Commas #GRID