Let's read $MSTR like a textbook.
Weekly structure showing a pattern of higher lows — that's your foundational bullish structure. When you see that, you're watching accumulation build a base.
Price tagged resistance right at the fib level and current volume shelf sits near $130. That shelf matters — it's where buyers have historically stepped in with size. If that holds, you've got your structural floor.
The key level here is $170. That's not arbitrary — it's where prior resistance clusters and where the next leg confirms. Above $170, structure opens up for higher targets. Below $130, you lose the higher low sequence and the setup invalidates.
Setup: Watch $130 support hold. Confirmation above $170.
Invalidation: Break and close below $130 volume shelf.
This is how you read structure — identify the lows, mark your resistance, know your invalidation. Clean chart, clean trade.
Weekly structure showing a pattern of higher lows — that's your foundational bullish structure. When you see that, you're watching accumulation build a base.
Price tagged resistance right at the fib level and current volume shelf sits near $130. That shelf matters — it's where buyers have historically stepped in with size. If that holds, you've got your structural floor.
The key level here is $170. That's not arbitrary — it's where prior resistance clusters and where the next leg confirms. Above $170, structure opens up for higher targets. Below $130, you lose the higher low sequence and the setup invalidates.
Setup: Watch $130 support hold. Confirmation above $170.
Invalidation: Break and close below $130 volume shelf.
This is how you read structure — identify the lows, mark your resistance, know your invalidation. Clean chart, clean trade.