$AMD is currently showing a strong bearish correction after hitting a 24-hour high of 427.58. The price has dropped significantly and is now testing the crucial support level near 400.00. The sequence of red candles on the 1h chart indicates heavy selling pressure, but the current position near the 24-hour low of 399.65 could provide a bounce if buyers step in to defend this psychological boundary. A failure to hold 400.00 could lead to further downside, but a successful consolidation here might set the stage for a recovery back toward the 415.00 resistance area.

Target 1: 412.00

Target 2: 418.50

Target 3: 425.00

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AMD
AMDUSDT
457.38
+13.03%