$MSTR - I like the market structure here a lot.


The price has bounced from the high-timeframe support range marked in green around $105, which acted as the main bottoming formation throughout 2024.
More importantly, the stock has now broken above the lost high-timeframe support range marked in blue around $170, which served as the key resistance zone during the 2024 consolidation.
Because of this, I believe that as long as the price continues to hold above this range in the coming days and weeks, the most likely outcome remains further upside.
The next key POI I’m tracking is the resistance range around $250, marked in purple and aligning with the 0.382 and 0.5 Fibonacci levels. I believe this area could act as a short-term resistance zone.
My 12-month target remains around $420, which aligns with the prior all-time high.
MSTR-5.23%
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