MSTR is still in a long-term downtrend channel, with the latest weekly close once again hitting a new low🔴
From the weekly chart, the continuous weak performance is very obvious. According to the current technical pattern, if it continues to decline by about 28%, it may reach a key demand zone—that is, the strong support level in traditional technical analysis.
This zone is very important for traders. Once the price retraces to this level, it often forms a basis for a rebound. Of course, whether a true reversal occurs still depends on subsequent market performance and overall sentiment. But from a purely technical perspective, this level is worth paying attention to.
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GateUser-e87b21ee
· 01-06 16:35
Dropped again. Is this time really going to hit the support level? Feels like every time they mention critical support, it breaks and keeps falling.
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AirdropChaser
· 01-05 18:14
It has dropped to a new low again. I bet the 28% support level can hold.
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CryingOldWallet
· 01-03 17:53
It dropped again. When will MSTR's dead situation turn around?
28% to reach the support level? I think it still needs to break lower.
Let's wait for this rebound; in probability theory, it has to retest the level.
Reading more papers won't save a bearish market; still, wait for sentiment to improve.
No way, buddy, this broken support level probably won't hold.
Another story of a downward channel, I'm tired of hearing it.
I'll consider adding to my position when it hits that point. For now, just keep observing.
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RamenDeFiSurvivor
· 01-03 17:49
Down again and again, when will it end? Are you still waiting for that support level?
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28%? Should I just buy the dip or keep lying flat? I really can't hold on anymore.
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Support level, support level, I keep saying this every time, but what’s the result? Haha
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Oh, forget it. If it drops to that price, I'll go all in. Anyway, it's already like this.
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No matter how good the technicals look, they can't change the fact of the decline, unless someone really steps in to buy.
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ETHmaxi_NoFilter
· 01-03 17:41
Again and again, hitting new lows. MSTR is really incredible. Where's the promised rebound?
However, if the 28% support level truly holds, maybe we can play a rebound.
Technical analysis looks good, but it’s all meaningless without the overall market sentiment.
Let's wait until the bottom. Buying now is just giving away money.
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FarmHopper
· 01-03 17:34
28% huh, wait a bit longer to buy the dip, anyway it's already like this
MSTR is still in a long-term downtrend channel, with the latest weekly close once again hitting a new low🔴
From the weekly chart, the continuous weak performance is very obvious. According to the current technical pattern, if it continues to decline by about 28%, it may reach a key demand zone—that is, the strong support level in traditional technical analysis.
This zone is very important for traders. Once the price retraces to this level, it often forms a basis for a rebound. Of course, whether a true reversal occurs still depends on subsequent market performance and overall sentiment. But from a purely technical perspective, this level is worth paying attention to.