$MSTR 📊 4.4x Unusual Buying Volume on
$MSTR , what's behind this move?
- Given the extreme buying volume and full alignment of bullish indicators, I expect further upside but with potential for a short-term pullback to fill imbalances.
- If price pulls back toward 90.26-89.75 and forms a reversal candle or bullish structure on 5m/15m, a long entry can be considered there.
- Example scenario: If you see a bullish pin bar or bullish engulfing in the 90.26-89.75 demand area, consider entering long, targeting 92.22 as your first take profit, and 93.85 as an extended target.
- Set your stop-loss at the swing low of the retracement or just below the 89.75 zone, where a shift below would negate the bullish structure.
- If price breaks and closes below 89.75 with momentum, my bullish bias would be invalidated and I’d then expect a deeper retrace toward 87.70 or even 85.60.
- If price instead consolidates above 92.22 and absorbs sell orders with no meaningful retracement, look for a tight consolidation breakout with continuation targets at 93.85 and beyond.
📝 This is not investment advice, just an educational report. Watch for confirmation before entering any trade, and always use prudent risk management! 🚀
📊 Get detailed free analysis of any coin on any timeframe you want. Try Finora AI - Your Trade Buddy for free → tinyurl.com/FinoraBot
#MSTR