๐ Current Situation
Displayed Price: $615.52
Price Before Opening: $612.33
Last High: $620.00
Visible Low: $575.49
MA7: 612.67
MA25: 612.77
MA99: 566.22
The price is very close to MA7 and MA25, meaning the current area is a decision zone after a strong rise.
๐ข Resistances
$620 โ The most important resistance level right now.
If there is a clear breakout above 620 with good trading volume, the next level on the chart is about:
$622โ625
Then you can monitor further upside extension if momentum continues.
๐ด Supports
$612โ610 โ An important short-term support zone.
$605โ606 โ Stronger support, close to the last pullback area.
$595โ600 โ A psychological and technical support.
~$566 โ MA99, but itโs currently far.
๐ Bullish Scenario
If AMD holds 610โ612 and then breaks 620 with a 30-minute candle close above it and high volume, this confirms that buyers are still in control in the short term.
๐ Bearish Scenario
If it fails to break above 620 and then breaks 610, it may return to test 605โ606.
Breaking this zone makes 600, then 595, areas to watch.
โ ๏ธ Very Important Point
The move from 575 โ 620 was very strong, while the most recent candles became small and near the top, with a clear decline in volume. So I donโt consider 620 broken yet; I need a real breakout and consolidation above it, not just a touch.
Technical Summary:
575 โ 600 โ 612 โ 620
Currently: 612 is support / 620 is resistance. Breaking either one is what provides the clearest short-term direction.
Displayed Price: $615.52
Price Before Opening: $612.33
Last High: $620.00
Visible Low: $575.49
MA7: 612.67
MA25: 612.77
MA99: 566.22
The price is very close to MA7 and MA25, meaning the current area is a decision zone after a strong rise.
๐ข Resistances
$620 โ The most important resistance level right now.
If there is a clear breakout above 620 with good trading volume, the next level on the chart is about:
$622โ625
Then you can monitor further upside extension if momentum continues.
๐ด Supports
$612โ610 โ An important short-term support zone.
$605โ606 โ Stronger support, close to the last pullback area.
$595โ600 โ A psychological and technical support.
~$566 โ MA99, but itโs currently far.
๐ Bullish Scenario
If AMD holds 610โ612 and then breaks 620 with a 30-minute candle close above it and high volume, this confirms that buyers are still in control in the short term.
๐ Bearish Scenario
If it fails to break above 620 and then breaks 610, it may return to test 605โ606.
Breaking this zone makes 600, then 595, areas to watch.
โ ๏ธ Very Important Point
The move from 575 โ 620 was very strong, while the most recent candles became small and near the top, with a clear decline in volume. So I donโt consider 620 broken yet; I need a real breakout and consolidation above it, not just a touch.
Technical Summary:
575 โ 600 โ 612 โ 620
Currently: 612 is support / 620 is resistance. Breaking either one is what provides the clearest short-term direction.
