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$AMD SHORT SETUP — Sellers Are Taking Control!
Entry: 500.41
SL: 512.00
TP1: 492.00
TP2: 480.93
TP3: 475.00
Final Target: 466.88
$AMD faced a sharp rejection after spiking to 537.14. The 1H chart now shows consecutive bearish candles and weakening momentum, with sellers pushing price back toward the psychological 500 level. If 500 breaks with confirmation, the decline could extend toward 480.93 and potentially 466.88.
Invalidation: A sustained recovery above 512 would weaken the bearish setup. Avoid chasing significantly below entry.