AMD weekly chart shows an interesting consolidation phase right now. Price is trading between the 0.886 logarithmic Fibonacci support level below and the 1.0 log Fib resistance overhead. This is a typical squeeze setup—neither buyers nor sellers have conviction yet. The key here is watching for the breakout direction. Will we see sellers defend that resistance, or can the bulls push through? One thing's certain: the next move from this level matters. Markets don't stay compressed forever, and when this resolves, it could dictate the next leg of the trend. Keep an eye on volume and price action near these levels.
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StableBoi
· 01-06 06:05
The squeeze situation is the most annoying thing, stuck on both sides, who the hell knows where to go next.
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fork_in_the_road
· 01-05 06:55
Squeeze situation, see who blinks first. The next step's direction is the key to making money.
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ContractTester
· 01-05 06:41
The squeezing pattern is like this; the key is whether the trading volume can keep up, otherwise the breakout is pointless.
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AirdropHunter007
· 01-05 06:29
AMD is currently being squeezed; it depends on whether it can break through or it will be knocked down.
AMD weekly chart shows an interesting consolidation phase right now. Price is trading between the 0.886 logarithmic Fibonacci support level below and the 1.0 log Fib resistance overhead. This is a typical squeeze setup—neither buyers nor sellers have conviction yet. The key here is watching for the breakout direction. Will we see sellers defend that resistance, or can the bulls push through? One thing's certain: the next move from this level matters. Markets don't stay compressed forever, and when this resolves, it could dictate the next leg of the trend. Keep an eye on volume and price action near these levels.