$MSTR (MicroStrategy) The stock has been building a reversal structure after sliding from the $540s to near $100, then bouncing to $180 last week, closing at $171. Bitcoin is testing resistance at $78.8K, so this setup warrants attention. MSTR needs to reclaim and hold $180+ to push higher; a confirmed breakout above $213-214 would be the first major bounce target. Verdict: Based on current market data, is a buy for a swing trade, with a scalp opportunity on a break above $180.
Share
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.