MSTR Approaches A Zone That Could Decide Its Next Big Move

MSTR has returned to a major multi-year support zone after a steep decline. Price is testing the same region that held during previous cycles, making this a critical technical inflection point.

This chart is about more than just the recent drop; it’s about whether long-term support will hold or give way to a deeper correction.

Trend Structure
Long-term trend: ascending channel from 2022 low to 2025 high.
Short-term trend: lower highs and declining price pressure.
Support zone (~115–120) repeatedly tested.

The short-term downtrend has triggered momentum warnings, but the long-term base remains intact.

Support / Resistance
Support Zone: 115–120 (critical multi-year floor)
Support B: ~60 (next major target if support breaks)
Resistance: Upper channel trendline from historical highs.

Support zone integrity is key to trend continuation.

Moving Averages
1W MA50 (231.92) — above current price, reflecting short-term bearish pressure.
1W MA100 (246.69) — above price, confirming weakened momentum.
1W MA200 (156.72) — slightly above current price, acting as equilibrium level.

MAs slope downward slightly, showing short-term selling pressure.

Indicators Visible
RSI (14) at 33.91, trending lower.
Momentum remains negative but not oversold.
No bullish divergence visible.
Chart Pattern
Multi-year horizontal support zone forming a compression structure.
Downtrend trendline connecting previous highs indicates resistance.
Measured move suggests possible decline toward ~60 if support breaks.
Momentum
Momentum currently favors sellers.
Price is below MA50, with declining RSI.
However, the long-term channel remains in play.
Bullish Scenario
Support zone holds (115–120).
Price may bounce toward upper channel (~195–200).
RSI stabilizes, recovering momentum.
Bearish Scenario
Support zone breaks decisively.
Measured move target: 60.
Momentum and trendline validate stronger downtrend.
Key Conclusion

MSTR is testing a critical multi-year support zone. The market must now decide if this level holds or if the correction deepens.

Discussion Question:
Will MSTR defend the 115–120 support for a bounce, or is a move toward 60 inevitable?