🔺 MSTR: Fibonacci Momentum Building Toward $534 🚀
MicroStrategy (MSTR) continues its bullish ascent, following a clean Fibonacci extension pattern. After reclaiming key levels and holding above the 0.786–0.886 retracement zones, it now trades around $455 with strength.
📊 Technical Breakdown:
Breakout held above $423 (1.0 Fib)
1.236 Extension: $465.71 (short-term resistance)
1.618 Extension: $534.94 (main target)
Final leg: 2.0 Extension at $603 for full stretch
🟨 Support zone: $353.92
🟩 Trend: Higher highs and strong momentum
🧭 Bias: Bullish continuation unless price loses $402
💡 Macro Note: MSTR trades like a BTC-leveraged equity. Continued BTC strength could accelerate this move. Watch for potential catalysts like ETF flows, earnings, or Fed commentary.
📈 Thesis: As long as MSTR stays above $423, the bullish case toward $534 remains intact with high conviction.
🔔 Disclaimer: This analysis is for educational purposes only. Not financial advice. Always manage risk.
MicroStrategy (MSTR) continues its bullish ascent, following a clean Fibonacci extension pattern. After reclaiming key levels and holding above the 0.786–0.886 retracement zones, it now trades around $455 with strength.
📊 Technical Breakdown:
Breakout held above $423 (1.0 Fib)
1.236 Extension: $465.71 (short-term resistance)
1.618 Extension: $534.94 (main target)
Final leg: 2.0 Extension at $603 for full stretch
🟨 Support zone: $353.92
🟩 Trend: Higher highs and strong momentum
🧭 Bias: Bullish continuation unless price loses $402
💡 Macro Note: MSTR trades like a BTC-leveraged equity. Continued BTC strength could accelerate this move. Watch for potential catalysts like ETF flows, earnings, or Fed commentary.
📈 Thesis: As long as MSTR stays above $423, the bullish case toward $534 remains intact with high conviction.
🔔 Disclaimer: This analysis is for educational purposes only. Not financial advice. Always manage risk.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.