Eseandre Mordi
⬤ MicroStrategy (MSTR) is slicing through a key higher timeframe support area on the monthly chart, with price cutting through the level like a hot knife through butter. The question now isn't whether support broke—it's whether this is a trap or the real deal.
⬤ The chart tells a brutal story: price dropped below structure that held firm during the entire uptrend. With that floor gone, analysts had to pull back to the quarterly timeframe just to find the next meaningful zone—all the way down near $70.
⬤ Right now, we're in no man's land. A quick reclaim of the broken level would scream "false breakdown" and bring buyers flooding back. But if weakness continues? We're looking at a genuine shift in market structure, and that's when things get interesting.
⬤ Here's why this matters beyond just one stock: MSTR trades hand-in-hand with crypto sentiment. If this breakdown sticks and price grinds toward those deeper historical levels, it's not just an equity story—it's a flashing warning sign for the entire cryptocurrency market. When the most prominent Bitcoin proxy starts cracking, the message is hard to ignore.
Eseandre Mordi
