📈 $AMDB /USDT Update
AMDB is hanging around that 520 support pretty well after getting knocked back from 550. The selling pressure is starting to ease off and price is slowly tightening up into a consolidation.
👀 What I'm Watching:
• Don't touch it until you see a clean confirmed breakout above the range.
• That old high sitting around 550 is the first target worth paying attention to.
• Make sure your stop loss is sitting comfortably below that recent support.
Seriously no need to chase this one. Waiting for the right moment and keeping your risk in check will almost always treat you better than jumping in too early and forcing something that isn't there yet.
Just a trade idea based on technical analysis. Do your own research before getting into any position.
#Amdb #AAVERises8.9%
AMDB is hanging around that 520 support pretty well after getting knocked back from 550. The selling pressure is starting to ease off and price is slowly tightening up into a consolidation.
👀 What I'm Watching:
• Don't touch it until you see a clean confirmed breakout above the range.
• That old high sitting around 550 is the first target worth paying attention to.
• Make sure your stop loss is sitting comfortably below that recent support.
Seriously no need to chase this one. Waiting for the right moment and keeping your risk in check will almost always treat you better than jumping in too early and forcing something that isn't there yet.
Just a trade idea based on technical analysis. Do your own research before getting into any position.
#Amdb #AAVERises8.9%