Last time, the story was simple:
MSTR had bounced, but it was not a trend yet.
Bulls had one major test first: the $180–190 zone.
They got there.
They failed.
That rejection mattered because it confirmed the bounce was still fighting against a damaged structure. MSTR never fully reclaimed control. It only gave buyers a chance — and the market rejected it.
Then came the second test:
$120.
This was the last line of defense for the bounce narrative.
And now that level is gone.
Once $120 failed, the story changed fast. The bounce is no longer the main thesis. Now the market is asking a much more important question:
Where does real demand show up?
For me, the next major area is the $70–75 support zone.
That is where MSTR had its major breakout before, and that is the area where bulls may try to defend the bigger structure. But this is not a clean bullish setup yet. The trend is still bearish, the stock is still making lower highs, and the failed rejection from $180–190 is still controlling the chart.
The reason behind the move is not just technical either. Bitcoin has been under heavy pressure, and MSTR remains one of the most aggressive Bitcoin-linked equity plays in the market. When Bitcoin weakens, MSTR usually feels it harder.
So this is where the chart gets interesting again.
Not because MSTR is safe.
Not because the trend is bullish.
But because the stock is getting closer to a zone where the risk/reward may finally become worth watching.
For now:
$120 failed.
The bounce narrative is broken.
The next real test is $70–75.
If buyers defend that zone, MSTR could give traders a violent reaction.
If they don’t, the downtrend is still in full control.
Can you enter here?
Maybe, but only as a high-risk speculative entry.
MSTR is still in a bearish structure. The stock failed at $180–190, lost $120, and momentum remains weak. That means this is not a clean bullish setup yet.
But after a violent drop, price is now getting closer to a major historical demand zone around $70–75. That’s where aggressive traders may start watching for a reaction — not because the chart is safe, but because the risk/reward can become interesting when support is clearly defined
Disclaimer:
Not financial advice. This is only my personal chart analysis and the levels I’m watching. Always do your own research and manage your risk.
MSTR had bounced, but it was not a trend yet.Bulls had one major test first: the $180–190 zone.
They got there.
They failed.
That rejection mattered because it confirmed the bounce was still fighting against a damaged structure. MSTR never fully reclaimed control. It only gave buyers a chance — and the market rejected it.
Then came the second test:
$120.
This was the last line of defense for the bounce narrative.
And now that level is gone.
Once $120 failed, the story changed fast. The bounce is no longer the main thesis. Now the market is asking a much more important question:
Where does real demand show up?
For me, the next major area is the $70–75 support zone.
That is where MSTR had its major breakout before, and that is the area where bulls may try to defend the bigger structure. But this is not a clean bullish setup yet. The trend is still bearish, the stock is still making lower highs, and the failed rejection from $180–190 is still controlling the chart.
The reason behind the move is not just technical either. Bitcoin has been under heavy pressure, and MSTR remains one of the most aggressive Bitcoin-linked equity plays in the market. When Bitcoin weakens, MSTR usually feels it harder.
So this is where the chart gets interesting again.
Not because MSTR is safe.
Not because the trend is bullish.
But because the stock is getting closer to a zone where the risk/reward may finally become worth watching.
For now:
$120 failed.
The bounce narrative is broken.
The next real test is $70–75.
If buyers defend that zone, MSTR could give traders a violent reaction.
If they don’t, the downtrend is still in full control.
Can you enter here?
Maybe, but only as a high-risk speculative entry.
MSTR is still in a bearish structure. The stock failed at $180–190, lost $120, and momentum remains weak. That means this is not a clean bullish setup yet.
But after a violent drop, price is now getting closer to a major historical demand zone around $70–75. That’s where aggressive traders may start watching for a reaction — not because the chart is safe, but because the risk/reward can become interesting when support is clearly defined
Disclaimer:
Not financial advice. This is only my personal chart analysis and the levels I’m watching. Always do your own research and manage your risk.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.