$MSTR - The price has been bottoming out nicely over the last couple of days inside the high-timeframe support range, which has previously been a strong resistance throughout 2024, which was expected and covered in some of my prior PAT Updates.

That said, before I fully scale out of my hedges, I want to see some clear signs of strength that would confirm the bottom is truly in, specifically the price breaking above the 1D Bull Market Support Band, which has been a strong reversal spot over the last couple of months.

For now, the price has been struggling to do that over the last couple of days, meaning that the most likely outcome on the low-timeframes is still further consolidation inside this high-timeframe support range, rather than a durable reversal to the upside.