$MSTR USDT (1h) - Breakdown & Local Resistance Rejection


Bias: Short
Entry (Zone): 171.00 – 172.50
Targets:
TP1: 168.40
TP2: 165.00
TP3: 161.00
Stop Loss: 174.60
Why this Setup:
I’m leaning short after a sharp structural breakdown from the 174.00 consolidation zone down to a local low of 168.39. The subsequent relief rally has lacked significant buying volume and is currently stalling out, forming a lower high right below the previous support-turned-resistance level near 171.00. With the 1-hour candles showing clear rejection wicks at the top of this minor consolidation, sellers remain in control, and I expect a continuation downward to retest and potentially break the 168.39 level.

#GateSquareMayTradingShare
MSTR-6.41%
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