Three of the largest crypto treasury stocks are testing their most important long-term support levels at the same time. The strategy (MSTR) is trading near $100, Metaplanet is hovering above JPY200, and Coinbase (COIN) is defending $150.
The strategy leads all corporate Bitcoin (BTC) holders with 843,775 BTC, according to BitcoinTreasuries.net data as of July 8. Metaplanet ranks third with 43,000 BTC, while Coinbase ranks ninth with 16,492 BTC.
MSTR returns to the $100 area that started the 2024 rally
MSTR traded near $97 on July 8, with pre-market prices falling to $93. Consequently, the stock returned to the $100 area from which it launched in February 2024.
Historically, this area served as resistance in February 2021 and November 2021. After a breakout, it flipped to support in April 2024, August 2024, and February 2026.
However, the current test appears to be the weakest so far. MSTR has posted lower highs since its all-time high of $543 as of November 2024, sending the stock down nearly 82%.
A weekly close below $100 would mark the first confirmed collapse since the 2024 breakout. BeInCrypto for July Expectations For MSTR, the vanishing volume behind the recent bounce is also marked. The stock even ignored reports of a partial Bitcoin sell-off.
If the bulls defend the area, the nearest resistance lies at $170, followed by a much higher barrier at $400.
Metaplanet defends 200 yen after textbook bubble collapses
Metaplanet shows a slightly healthier picture, at least for now. The stock rose 5.61% this week to 226 yen, staying above the key 200 yen area. This area capped the highs in July 2024 and November 2024 before turning into support.
The larger structure is still textbook-like bubble. The stock rose about 20 times from its lows in mid-2024 to its all-time high of 1,930 yen in June 2025. Then it collapsed nearly 88%.
Sellers rejected the recovery in January and February 2026 near 600 yen, confirming that area as the main resistance area. Meanwhile, the company continued to accumulate and reached 43,000 BTC turn On July 2.
Holding 200 yen remains essential for bulls. Conversely, a breakdown could send the price into the ¥100 region, erasing the entire Treasury premium.
COIN holds $150 and tops cryptocurrency treasury stocks
Coinbase appears to be the strongest among the three cryptocurrency treasury stocks. COIN traded at $163.51 on July 8, defending the $150 area for the fourth time since September 2024.
Buyers previously protected this area in April 2025 and March 2026. Unlike the MSTR, the price remains above its support rather than below it.
COIN is trading about 64% below its all-time high of $444.65 as of July 2025. This decline is the smallest of the group, even with the broader cryptocurrency stocks. deflation Deepen.
However, the stock hit its highest levels since the peak. Bulls must reclaim $200 to improve the outlook, while $260 represents the next major barrier. A loss of $150 could lead to a drop to the early 2024 range near $120.
Three levels will decide the next step
| stock | Withdrawal from ATH | Main support | Closest resistance |
|---|---|---|---|
| Strategy (MSTR) | ~82% | $100 | $170 |
| Meta Planet | ~88% | 200 yen | 600 yen |
| Coinbase (COIN) | ~64% | $150 | $200 |
COIN is currently showing the most strength, while Metaplanet maintains its line, and MSTR is in the most fragile position. Whether holding $100, JPY 200, and $150 may decide whether Bitcoin treasury trading stabilizes or declines further during this quarter.
this post The 3 Best Cryptocurrency Stocks to Watch are near key support levels appeared first on BeInCrypto.
