Amazon: Squeezed Between Trend Support and $255Amazon.com, Inc.NASDAQ:AMZNUucnk**Amazon: Squeezed Between Trend Support and $255** Amazon’s weekly chart is approaching a technically decisive phase. Price is currently consolidating between the rising trendline support near **$228–235** and the **1.618 Fibonacci extension at $254.98**. This contraction suggests that volatility is compressing and that the direction of the next confirmed breakout may define the medium-term trend. As long as the rising weekly trendline remains intact, the broader constructive structure is not materially damaged. A weekly close above **$255** would signal that buyers are regaining control, with **$275–280** representing the first major resistance zone. Beyond this area, the classical arithmetic target of the long-term V-shaped recovery is located near **$295–300**, followed by the **2.618 Fibonacci extension at $362.30**. The **$438–440 region** shown on the chart represents the percentage-based or logarithmic projection of the V-shaped recovery rather than its classical arithmetic measured-move target. Therefore, it should be viewed as a long-term scenario that would only become increasingly relevant after Amazon establishes sustained strength above the intermediate **$280, $300 and $362** resistance levels. Conversely, a confirmed weekly close below the rising trendline would weaken the bullish structure and shift attention toward the **$212–220 zone**. This area is technically significant because it previously acted as both support and resistance and also contains an important breakaway-gap region. If that zone fails to attract buyers, **$188.65** would become the next major structural support. Consequently, Amazon is currently positioned at a genuine decision point: a breakout above **$255** would strengthen the long-term bullish continuation scenario, while a loss of trend support would increase the probability of a deeper correction. *This analysis is for informational purposes only and does not constitute investment advice.*