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Amazon Tokenized Stock Faces Resistance at $268-$270.80

Guavy AI Editorial Team
Instruments
AMZN
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Amazon's (AMZN) tokenized stock has been trading in a tight range, coiled directly below the $268.33-$270.80 resistance cluster.

The MACD momentum is dead-flat, and Stochastics are flashing overbought, indicating that the bulls may be stalling at this level.

According to Tony Kim's analysis, the smart money holds a 58.5% long lean, but a clean break or a $261 flush could be incoming within 72 hours.

The immediate setup shows AMZN trading at $265.85, essentially stapled to its own pivot point of $266.03, with a 24-hour range of $263.74 to $268.51.

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