$AMZN LONG TRADE SIGNAL 🚀
Amazon ($AMZN) has been showing consistent bullish momentum after consolidating near key support levels. The recent price action indicates strong institutional buying, and technical indicators point toward an imminent breakout. With historical performance since its IPO in 1997, AMZN continues to demonstrate resilience in the tech and e-commerce sectors. This is a potential opportunity to ride the uptrend with a controlled risk approach.
Trade Setup:
Entry: $3,550 – $3,570
Stop Loss (SL): $3,480
Take Profit (TP): $3,650 / $3,720 / $3,800
Margin: 2–3% of wallet
Leverage: 10x
Market Outlook:
The broader market shows bullish tendencies, but short-term volatility may test support levels. Key tech stocks are likely to lead upward momentum if AMZN sustains above $3,550. Traders should watch for consolidation and potential breakout triggers.
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