Apr. 14 at 8:41 PM
$AMC setup check
The last 3 months have been screaming one thing: potential shift in momentum. You’ve got rising volume, tighter spreads, and flow starting to align with delta-hedging + upside de-risking — that’s not random.
We could be VERY early in a reversal phase here.
Key level: ~
$1.50. That’s the major downtrend resistance. If price pushes through with continuation in bullish flow, this can move FAST — squeeze potential is real.
Important though: this only works if volume and flow keep confirming. No follow-through = fade.
Also worth noting… calling for
$0.50 here while structure and flow are improving doesn’t line up with the tape.
Trade what’s in front of you — not narratives.
