MSTR has been climbing inside a Rising Wedge for two sessions. But the upper line keeps winning. đ
MSTR/USDT is forming a Rising Wedge on the 15M chart at 76.5% maturity. Price climbed from 177 to near 189 over May 4â5, but the resistance line has been touched and rejected 4 times while support has only 2 touches. That asymmetry matters the top is better defended than the bottom.
Two scenarios:
â Break below ascending support = bearish wedge resolution, momentum shifts
â Break above resistance = pattern weakens and bulls take control
No confirmed breakdown yet. Pattern still FORMING.
Spotted using ChartScout.
â ïž DYOR. Not financial advice.