AMZN Coiled at Key Gamma Level! Trade Setup Inside

📊 GEX (Options Sentiment) Analysis – AMZN
* Current Price: $223.20
* Gamma Wall (Call Resistance): $225 – Highest Net GEX, significant resistance zone.
* CALL Walls: Stack from $225 → $230 → $232.5 → $235
→ Suggests upside resistance builds fast; option sellers may try to cap the rally here.
* PUT Wall Support: Cluster at $215 → $212.5 → $210
* GEX Sentiment:
* GEX: ✅ (Green)
* IVR: 32.2 | IVx Avg: 35.6
* CALLs Positioning: Low (5.9%), moderate skew
* Interpretation:
Price pinned near $225 likely due to gamma forces. Any close above could trigger a quick gamma chase toward $230–232+. But failure = fast fade back to $215 support.
📌 Options Strategy Suggestion:
* Bullish Setup: Wait for break/close > $225. Consider vertical debit spreads (e.g., 225c/230c) for limited risk.
* Bearish Rejection: If AMZN gets stuffed at $225 again, short-term PUT spreads toward $215 are viable (e.g., 222p/215p).

🕐 1-Hour Price Action + SMC Intraday Trade Plan

* Structure:
* BOS → CHoCH → Sideways in tight range between $223–224.50
* AMZN is consolidating inside a tight breaker block zone under $225.
* Uptrend channel still valid with higher lows holding.
* Support: $221.88 → $218.75
* Resistance: $224.66 → $227.12
* Bias: Neutral to mildly bullish unless $221 fails.

🔍 Intraday Trade Scenarios
1. Breakout Play (Bullish):
* Trigger: 1H candle closes above $224.66 with volume
* Entry: $225.10
* Target: $227.10 → $230
* Stop: $222.80
2. Fade Play (Bearish):
* Trigger: Break below $221.88 with CHoCH
* Entry: $221.60
* Target: $218.75 → $217.00
* Stop: $223.40
Watch the box: AMZN is stuck in a decision zone. Don't chase. Let it break first.

Final Thoughts:
AMZN is coiled tightly beneath its Gamma Wall. A clean break could trigger aggressive movement either way, so position sizing and stop discipline are critical. Avoid overtrading inside the box.

Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Trade responsibly and manage your risk.