Morpho (MORPHO) is currently trading at $1.64, showing a robust 24-hour price change of 18.54%. The daily range has been tight, with a high of $1.63 and a low of $1.38, indicating increased volatility and potential investor interest.

The trading volume stands at approximately 39.68 million, equating to a 4.46% volume-to-market cap ratio. The hourly moving averages suggest bullish momentum, with the 8 SMA showing a 6.72% increase and the 55 SMA reflecting a 13.46% rise, indicating strong upward pressure on the price.

The 1-hour RSI is currently at 74, suggesting that MORPHO may be overbought in the short term, while the 7-day RSI at 57 indicates a more neutral stance. The price changes over the past 7, 14, and 30 days are all around 37.39%, showcasing consistent positive performance and investor confidence.

Despite the recent surge, the current price remains significantly lower than its all-time high of $4.17, achieved in January 2025. This disparity suggests potential upside in the long run, provided the momentum can be sustained and broader market conditions remain favorable.

Given the current technical indicators and positive price momentum, the recommendation is to Buy. The combination of strong short-term gains, supportive moving averages, and substantial price appreciation over multiple time frames outweighs the short-term overbought condition indicated by the 1-hour RSI.