$MDB is currently in a mark-up phase

After spending months buying up every share the sellers would give him, the composite man has finally launched the rocket; it would be rude not to hop on for the ride.

Support & Resistance Levels
Next Week (August 4 - August 8, 2025):

Support: A healthy pullback would find support in the $230 - $235 zone. The major support is the breakout area around $215.

Resistance: The immediate resistance is the recent high near $248.

Next Month (to end of August 2025):

Support: The $215 level must hold to validate the new markup phase.

Resistance: The primary target is the next major structural resistance level from the weekly chart, which sits around $280.