Morpho (MORPHO) is currently priced at $1.36, reflecting a slight 24-hour change of 1.19%. The daily trading range has been relatively narrow, with a high of $1.45 and a low of $1.33, indicating low volatility in the short term.

Trading volume stands at approximately 26.04 million, representing 3.49% of the market cap, which suggests moderate interest and liquidity. The hourly moving averages show mixed signals: while the 8 SMA indicates a slight bullish trend, longer SMAs (13, 21, and 55) are trending downwards, indicating potential resistance around $1.38.

The 1-hour RSI is currently at 38, suggesting that Morpho is approaching oversold territory, while the 7-day RSI at 58 indicates it is in neutral to slightly bullish territory. The price has seen notable increases over the last week (17.53%) and 14 days (10.46%), indicating a positive momentum, although the 30-day change is relatively modest at 3.95%.

Historically, MORPHO's all-time high was $4.17, reached on January 17, 2025. Given the current price level significantly below this peak and the recent upward price momentum, there is potential for recovery if market conditions remain favorable.

In conclusion, based on the current technical indicators, moderate volume, and positive short-term price changes, a Buy rating is warranted for Morpho. The combination of low RSI and the recent upward trend suggests a potential rebound from the current levels, making it an attractive entry point for investors looking to capitalize on future gains.