MSTR Short-term analysis | Trading and expectations

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MSTR has printed 3 waves up, which is usually corrective, suggesting this is just a counter-trend rally until we see another push to local highs. Price is above the daily pivot but below the daily 200EMA, showing ambiguity still in the trend. The resistance here will be tough, but once overcome, we should see a strong rally towards $266.

📈 Daily RSI hidden bearish divergence played out and is now printing another. Price must overcome $194 to negate this.

👉 Continued downside has a target of the S2 pivot, $97

Safe trading

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