$MSTR : The crypto-stock basket rose overnight; it needs to hold around 138
At 16:00 it was still bottoming around 129.5. Between 22:00 and 23:00, volume surged to 29M+24M and pushed it straight up to 138; RSI ≈ 72.
OI notional value rose from about 860 million to 910 million, with no obvious spike in liquidations.
Don’t chase unless it holds above 138. A break below 133 would give back the initial move. It’s moving in the same basket as $BTC —don’t treat it like an independent meme stock and stubbornly hold on.
Not investment advice
#TrumpCancelsSigningOfHousingBillContainingCBDCBan
At 16:00 it was still bottoming around 129.5. Between 22:00 and 23:00, volume surged to 29M+24M and pushed it straight up to 138; RSI ≈ 72.
OI notional value rose from about 860 million to 910 million, with no obvious spike in liquidations.
Don’t chase unless it holds above 138. A break below 133 would give back the initial move. It’s moving in the same basket as $BTC —don’t treat it like an independent meme stock and stubbornly hold on.
Not investment advice
#TrumpCancelsSigningOfHousingBillContainingCBDCBan
