MSTRUSDT is currently undergoing a corrective phase, reflecting broader bearish pressure across the market. Price action remains below key moving averages, including the 7-day, 30-day, 50-day, and 200-day, signaling that sellers are still in control. The break below the main pivot point and the loss of critical Fibonacci retracement levels further reinforce the bearish outlook. Momentum indicators are also aligned with the downside: RSI sits in oversold territory, suggesting potential short-term relief bounces, while MACD continues to show bearish dominance.
The 24-hour trading range has narrowed, and volume remains subdued, with net outflows indicating a lack of buying conviction. Key support zones to watch are $0.087 and the $0.084–$0.086 range, with further downside risk toward $0.079–$0.08 if these levels fail. On the upside, resistance is likely to emerge between $0.095–$0.100 and $0.107–$0.11, areas that must be reclaimed for any meaningful trend reversal.
While oversold conditions may allow temporary rebounds, the broader trend remains weak. Traders should monitor volume confirmation on any attempted reversal and exercise caution. This analysis is not financial advice; always conduct your own research (DYOR) before making trading decisions.
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$MSTR
