MicroStrategy has been consolidating within a textbook ascending triangle pattern, with a clear resistance around $520 and rising higher lows forming solid support. Price action remains inside a strong bullish channel, hugging the 50-week MA and riding above the 200/350 MAs.
A breakout above $520 could trigger a strong continuation toward the upper bounds of the channel, with potential long-term targets around $1300 if momentum aligns with Bitcoin strength.
Watching for volume confirmation and weekly close above resistance for validation. Breakdown below the yellow trendline would invalidate the setup.
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