This is the place where you, as a investor would like to place first bids. I see 1500-1800 as a accumulation zone. Further price movement will be dictated by Bitcoin and Ethereum moves, as AMB is pegged to BTC and ETH pairs on it's major exchange - Binance.
Closing below this horizontal line (it can wick! but the body of the candle needs to hold above this range, keep in mind that there is nearly a week to close, a lot can happen), will lead us to 1200 zone.