🚀 $AMZN — SELLERS HOLD THE SHORT-TERM EDGE

AMZN is trading at $259.65, down 1.13%, with sellers maintaining a modest advantage. The decline is not as aggressive as MSFT or META, so confirmation is important before entering. The setup favors a SHORT below resistance, especially if support starts breaking.
🎯 SHORT ENTRY ZONE:
$258–$261
🎯 TARGETS:
🎯 TP1: $254
🎯 TP2: $249
🎯 TP3: $243
🛑 STOP LOSS:
Close above $265
📊 SUPPORT:
S1: $254
S2: $249
S3: $243
🚧 RESISTANCE:
R1: $265
R2: $270
R3: $276
🔮 NEXT MOVE:
A rejection below $265 would keep the bearish setup active. Losing $254 could increase downside pressure toward $249 and $243.
📈 TRADING LOGIC:
The current negative momentum gives sellers a slight advantage, but the smaller decline means the market still needs confirmation. A failed recovery followed by a break under $254 would provide stronger evidence that sellers are gaining control.
⚠️ RISK NOTE:
The bearish setup can fail if buyers quickly reclaim resistance. Keep the stop defined and manage exposure carefully.#GateEventPointsSystemLaunched