$AMD /USDT Perp – 1H Chart Analysis



Current Price: $409.81
**Mark Price:** $409.56
24H Change: +16.75% (strong bullish momentum)

Key Observations:

· Price Position: Trading above EMA30 ($398.38) but below EMA5 ($413.48) and EMA10 ($414.32) → short-term pullback within an uptrend.
· MACD: Bearish cross forming (MACD: -2.99, DIF below DEA) → weakening momentum.
· Nearby Resistance: $412.50 – $414.50 zone.
· Support: $408.30 (current low), then $384.00.

Outlook:
Bullish structure intact but facing short-term correction. Break above $414.50 could resume uptrend; losing $408 may test $384.

Idea: Wait for pullback to $398–$408 zone or clear reclaim of $414 for next long entry.
#GateSquareMayTradingShare
AMD2.1%
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