AMZN Bearish Setup: Entry at $225.05 for Downside Targets!

📉**Description:**
This chart outlines a **bearish trade setup** for Amazon (AMZN) with a focus on capitalizing on downside momentum:

- **Entry**: $225.05 – Price is at a potential rejection zone below resistance.
- **Stop Loss**: Above $230.40 – Protects against invalidation of the bearish setup.

- **Targets**:
- **Target 1 (T1)**: $219.78 (red line) – Immediate support and a key short-term target.
- **Target 2 (T2)**: $211.86 (green line) – Strong secondary support for extended downside profit.

**Key Setup Details**:
- The breakdown from the ascending trendline suggests bearish momentum.
- Price rejection near $225.05 provides a favorable risk-reward ratio for this trade.

**Strategy**:
- Enter short at $225.05.
- Place a stop loss above $230.40.
- Look for profit-taking at $219.78 and $211.86.

**Why This Chart is Important**
This chart highlights a bearish breakdown opportunity in AMZN, offering a favorable risk-reward setup for short trades.

**Conclusion**
A rejection at $225.05 with targets at $219.78 and $211.86 confirms bearish momentum, making this a strategic short entry. 📉