MSTR - Trendline Support vs. Supply Cap!

MSTR has been overall bullish on the daily, respecting a rising trendline since last year. Price is coiling right beneath the 330–350 supply band after multiple rejections.

This area is key 🔑. It overlaps prior supply and the rising trendline—clean confluence. If bulls defend the trendline and we see a clean daily close above 350, momentum could extend toward 400 first, then 470–520 inside the broader range 🚀.

If the trendline gives way, I’ll look for a deeper dip toward 260–240 demand before bulls try again. Until then, structure favors the upside while the line holds.

What’s your plan => buy strength above 350 or wait for a retest on the trendline first? 🤔

⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.

📚 Stick to your trading plan regarding entries, risk, and management.

Good luck! 🍀

All Strategies Are Good; If Managed Properly!
~Richard Nasr