AMZN has declined ~10% over the past month and is now testing a key technical support zone near $237-238, presenting a mean-reversion opportunity as the selloff appears driven by macro sentiment and AI capex concerns rather than fundamental deterioration. The company continues to aggressively expand its infrastructure footprint—including a $10B Missouri data center campus and an expanded LTL freight offering—while Prime Day seasonality and AWS ecosystem momentum provide near-term catalysts for a snapback toward the $260-265 range. At current levels, the risk/reward favors bulls with a well-defined stop below the recent multi-week support floor.