$MSTR edged up slightly in premarket to around 140. According to my trading system, once the price moves back above all the moving averages, they’ll fan out bullishly again, opening up room to move higher.
The chip distribution points to the same conclusion: the last dense chip zone above the current price is the main resistance. If the price breaks through it decisively, chips are relatively sparse above, so the price could surge higher quickly.
MSTR and $BTC are both at key levels. Holding above the moving averages and breaking through the dense chip zone would be the confirmation signals 🚀🚀