#StrategySharesBreak135ForFirstTimeIn12Weeks

Strategy Reclaims 135 For First Time In 12 Weeks: Trend Turn In Focus
Strategy shares have broken back above 135 for the first time in 12 weeks, a key technical and sentiment shift. After a long base below, the move signals renewed demand and puts bulls back in control of the short-term trend.
Why 135 Matters
135 has acted as a clear pivot. It capped rallies for three months, marked the top of the recent range, and lined up with prior breakdown support. A weekly close above it would confirm a range break, not just an intraday spike. In trend terms, it flips the chart from lower highs to a higher high.
What Drove The Break
Three forces likely helped:
1. Bitcoin firmness: Strategy trades as a high-beta proxy for BTC. A steady BTC bid near recent highs eases balance sheet fears and lifts equity sentiment.
2. Short cover: With price pinned below 135 for weeks, shorts built up. The first push above forced covers, adding fuel.
3. Flow return: Breaks of long bases often draw momentum funds. Volume likely picked up on the push, a healthy sign if confirmed on the weekly.
What To Watch Next
• Hold and retest: Bulls want 135 to turn from resistance to support. A daily hold above, then a successful retest, would confirm the break.
• Volume: A real break should show expanding volume, not a thin wick.
• Follow-through: A second weekly close above 135 opens the next supply zone higher. Failure back below 135 would signal a false break and a return to range trade.
• BTC link: If BTC holds firm, Strategy has tailwind. If BTC slips, expect a fast retest.
Bull Case

A weekly hold above 135 points to trend repair. Targets shift to the next prior highs, with momentum traders adding on dips. Improved sentiment around BTC treasury strategy and easier funding conditions would help.
Bear Case
Twelve weeks below shows heavy supply. Sellers may defend the zone again. A rejection back under 135, especially on weak BTC, would trap late buyers and send price back to the base lows.
Trading Take
For trend traders, 135 is now the line. Above it, bias is long with risk below the breakout level. Below it, bias turns neutral again. Position size should stay measured, as Strategy often moves 2 to 3 times BTC in percent terms.
vBottom Line
Breaking 135 for the first time in 12 weeks is a clear win for bulls. The key now is the hold. A firm weekly close above turns the long base into a launch pad. A quick drop back below turns it into another range fake. Watch the retest, watch volume, and watch BTC.