đ AMZNUSDT PERP â Steady Climb, Strong Grip! đ„
AMZN is trading at $204.58, up +2.88%, and the structure looks clean. No chaos. No wild spikes. Just steady upside pressure. đ
After bouncing from the 196 zone earlier, bulls have been walking price up step by step. Weâre now holding above the MA60, and more importantly â price keeps printing higher lows. Thatâs quiet strength.
đ Whatâs happening here:
Smooth intraday uptrend
MA60 acting as dynamic support
Tight consolidation near highs
Volume stable â no heavy distribution
Right now, $204.10â$204.20 is the level to defend. As long as that holds, continuation toward $205.50â$206.00 is very realistic.
If momentum accelerates and $205.16 (24h high) breaks cleanly, we could see a quick expansion leg. But if $204 loses structure, expect a pullback toward the $203 liquidity pocket.
This isnât hype â this is controlled accumulation energy. đŻ
Trend is your friend⊠until it bends. Stay patient. Let confirmation lead.
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