⚡ Executive Radar: AMZN/USDT (30m)
A Bear Flag consolidation is heavily pressing against support on Amazon (AMZN/USDT) caught by ChartScout.
📊 Price Structure:
• Setup : Bear Flag (Continuation)
• Impulse Decline : -1.1% (Flagpole)
• Support Floor : $272.4 USDT (13 Touches)
• Resistance Ceiling : $273.5 USDT (3 Touches)
• Current Price : $272.4 USDT (Testing Support)
🎯 Technical Scenario:
Following an initial -1.1% drop, AMZN has consolidated inside an ascending channel. Lower support has been tested 13 times near $272.4. Watch for volume confirmation on a 30m candle close below support to confirm potential trend continuation.
⚠️ DYOR - Not Financial Advice.
#ChartScout #dyor #AMZN #BinanceSquare #CryptoTradingBots
A Bear Flag consolidation is heavily pressing against support on Amazon (AMZN/USDT) caught by ChartScout.
📊 Price Structure:
• Setup : Bear Flag (Continuation)
• Impulse Decline : -1.1% (Flagpole)
• Support Floor : $272.4 USDT (13 Touches)
• Resistance Ceiling : $273.5 USDT (3 Touches)
• Current Price : $272.4 USDT (Testing Support)
🎯 Technical Scenario:
Following an initial -1.1% drop, AMZN has consolidated inside an ascending channel. Lower support has been tested 13 times near $272.4. Watch for volume confirmation on a 30m candle close below support to confirm potential trend continuation.
⚠️ DYOR - Not Financial Advice.
#ChartScout #dyor #AMZN #BinanceSquare #CryptoTradingBots