MicroStrategy Stock Forecast: Bulls Defend $395 Support, MSTR Eyes Weekend Rebound

MicroStrategy (NASDAQ: MSTR) is stabilising above key support at $395 after a choppy week marked by Bitcoin volatility and heavy profit-taking. The stock, often seen as a high-beta proxy for Bitcoin, briefly dipped below the $400 psychological zone but managed to recover by Friday afternoon, suggesting bulls may be regaining control.

MSTR began the week close to $440 but slowly retraced as Bitcoin struggled to sustain increases past $105,000. By the middle of the week, the stock had dropped almost 10% from its May peaks, weighed down by widespread tech weakness and diminishing momentum. Nevertheless, today’s positive session indicates a potential change in sentiment as the weekend approaches

What’s Driving MSTR’s Price Action?

MicroStrategy stock often mirrors Bitcoin sentiment, and this week was no exception. BTC’s inability to break through resistance triggered a cool-off in crypto-linked equities. At the same time, pressure from the broader tech selloff weighed on sentiment. But by late Friday, dip buyers stepped in — a familiar pattern for MicroStrategy whenever it tests crucial support zones.

Adding to the rebound narrative:

• Bitcoin is holding near $103K — not rallying, but not falling apart either
• $395 support level is being defended, a spot that previously acted as springboard territory
• US tech stocks are showing some signs of life, giving MSTR room to breathe
• MACD and RSI indicators are bottoming, hinting that downside momentum is slowing

MSTR Technical Analysis: Price Levels to Watch

• MSTR Technical Analysis: Price Levels to Watch
• Current Price $396.81
• Immediate Resistance $405.71
• Next Upside Target $420, then $444.63 (March high)
• Support Zone $395, deeper at $364.95
• RSI (14) 41.19 – mild recovery
• MACD Bearish, but signs of flattening

Final Take: Is MicroStrategy Setting Up for a Bounce?

This week’s drop in MicroStrategy stock looks more like a technical breather than a breakdown. With Bitcoin steady and MSTR finding support near a familiar level, traders may be positioning for a rebound into early next week.

For now, $395 is the battleground, and bulls are holding their ground.

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