Morpho (MORPHO) is currently trading at $1.13, reflecting a notable 24-hour decline of 9.07%. The daily trading range is minimal, with a high of $1.26 and a low matching the current price, indicating weak buying pressure and potential bearish sentiment.

Volume stands at approximately 16.3 million, representing 2.66% of the market cap, which suggests that trading activity is relatively low in comparison to the overall market. The hourly moving averages indicate a bearish trend, with significant declines across all SMAs, particularly the 55 SMA, which is down 5.55% and the 144 SMA down 7.32%.

The RSI metrics show concerning oversold conditions, especially the 1-hour RSI at 22, suggesting extreme weakness in short-term price action. The 7-day RSI at 45 indicates a neutral stance but does not provide a bullish signal, especially with a 7-day price change of -8.81% and a significant drop of 24.81% over the last 14 days.

The longer-term perspective is even more troubling, with a 30-day price change of -45.22%, indicating a strong downtrend. The all-time high of $4.17 remains a distant target, emphasizing the current bearish environment and the need for significant recovery before reaching those levels again.

Based on the analysis, Morpho (MORPHO) is currently a Sell. The combination of declining prices, weak RSI signals, and bearish moving averages suggests further downside potential in the short to medium term, warranting caution for investors.