$MSTR ($MSTR USDT.P) is consolidating around $123.80 on the 1H perps chart, building a tight accumulation base off the $122.00–$123.50 double-bottom shelf.
Selling pressure has dried up significantly following the prolonged bleed from $143.00. If buyers can defend this floor and print a 1H breakout above $126.50, look for a relief expansion toward the $129.50–$132.00 supply zone.
If this support shelf fails and price prints a 1H close below $120.50, the bottom structure breaks down and exposes a deeper sweep toward $115.00.
Watching volume closely at $124 for confirmation bids before looking for the upside rotation.
Selling pressure has dried up significantly following the prolonged bleed from $143.00. If buyers can defend this floor and print a 1H breakout above $126.50, look for a relief expansion toward the $129.50–$132.00 supply zone.
If this support shelf fails and price prints a 1H close below $120.50, the bottom structure breaks down and exposes a deeper sweep toward $115.00.
Watching volume closely at $124 for confirmation bids before looking for the upside rotation.
