CRWV Commentator
Rising Creator$Amazon(AMZN.US) just hit 196 and then rebounded, indicating that the buy wall below is real;
If we divide it into 3 layers of buy walls, the situation is as follows:
196-198: 6B+ buy orders
192-195: 6B+ buy orders
189-191: 6B+ buy orders
The support zone has a total of $18B+ in buy orders, and only about one-third have been absorbed so far. It's expected that the main players won't push the price up so quickly. There will likely be a second test, or even multiple tests, to absorb this liquidity.
Additionally, there is a large number of buy limit orders at the 167 level, which is probably a defensive line set up by the bulls to guard against a black swan event (VIX > 60).
$Amazon(AMZN.US) has a feeling that it's about to break through the weekly EMA100, 189～198?
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