#StrategySharesBreak135ForFirstTimeIn12Weeks
Strategy shares cleared 135 for the first time in twelve weeks and the daily chart is now showing the full reaction to that break. The stock surged more than 10 percent intraday on the back of unrealized Bitcoin gains that reached 4 billion dollars. That move was the cleanest reclaim of the range high in months.
Price is currently sitting at 127.29 after printing a high of 135.97 and then giving back a large part of the gain. The 50-period EMA rests at 110.06 and the 200-period EMA remains overhead at 156.68. Bollinger Bands stretch from 78.79 on the downside to 134.13 on the upside, with the middle band near 106.46. The recent high tagged the upper band and the SRL resistance at 134.13 exactly. That level remains the key ceiling. Support now starts at the 50-period EMA near 110, followed by the middle band at 106.46 and the deeper 89.21–78.79 zone.
RSI has pulled back to 63.04 after the spike, still constructive but no longer stretched. MACD remains positive on the signal lines even as the histogram has cooled, which is normal after such a sharp impulse.
The bullish case requires a reclaim and hold of the 134–135 zone on rising volume. If Bitcoin continues to support the unrealized gain figure and buyers step in above 130, the path of least resistance still points toward a retest of the 156.68 EMA and potentially the higher 197 area. In that scenario the entire 110–106 region becomes the first support band on any further pullback.
The bearish case is a failure to regain 134. A daily close under the 50-period EMA at 110.06 would likely target the middle Bollinger Band at 106.46 and open the door toward 89.21. After a twelve-week range and a 10 percent breakout day, the sharp rejection we have already seen shows that supply is still active near the highs.
I am treating 134.13 as the immediate decision level and 110.06 as the short-term trend filter. Until price either accepts back above the breakout zone or loses the 110 area with conviction, size stays measured. The 4 billion unrealized gain is a powerful fundamental backdrop, but the chart still has to prove the 135 break was more than a one-day liquidity event.
Are you buying the current pullback toward 110, waiting for a clean reclaim of 134, or already reducing exposure after the rejection? Share your levels and framing.
#MSTR $MSTR
Strategy shares cleared 135 for the first time in twelve weeks and the daily chart is now showing the full reaction to that break. The stock surged more than 10 percent intraday on the back of unrealized Bitcoin gains that reached 4 billion dollars. That move was the cleanest reclaim of the range high in months.
Price is currently sitting at 127.29 after printing a high of 135.97 and then giving back a large part of the gain. The 50-period EMA rests at 110.06 and the 200-period EMA remains overhead at 156.68. Bollinger Bands stretch from 78.79 on the downside to 134.13 on the upside, with the middle band near 106.46. The recent high tagged the upper band and the SRL resistance at 134.13 exactly. That level remains the key ceiling. Support now starts at the 50-period EMA near 110, followed by the middle band at 106.46 and the deeper 89.21–78.79 zone.
RSI has pulled back to 63.04 after the spike, still constructive but no longer stretched. MACD remains positive on the signal lines even as the histogram has cooled, which is normal after such a sharp impulse.
The bullish case requires a reclaim and hold of the 134–135 zone on rising volume. If Bitcoin continues to support the unrealized gain figure and buyers step in above 130, the path of least resistance still points toward a retest of the 156.68 EMA and potentially the higher 197 area. In that scenario the entire 110–106 region becomes the first support band on any further pullback.
The bearish case is a failure to regain 134. A daily close under the 50-period EMA at 110.06 would likely target the middle Bollinger Band at 106.46 and open the door toward 89.21. After a twelve-week range and a 10 percent breakout day, the sharp rejection we have already seen shows that supply is still active near the highs.
I am treating 134.13 as the immediate decision level and 110.06 as the short-term trend filter. Until price either accepts back above the breakout zone or loses the 110 area with conviction, size stays measured. The 4 billion unrealized gain is a powerful fundamental backdrop, but the chart still has to prove the 135 break was more than a one-day liquidity event.
Are you buying the current pullback toward 110, waiting for a clean reclaim of 134, or already reducing exposure after the rejection? Share your levels and framing.
#MSTR $MSTR
