🚨 AMP/USDT SOARS 82% – IS THIS JUST THE BEGINNING? 🚨
AMP is making waves with an 82% surge, reaching a new 24-hour high of $0.009600 after a low of $0.005147. Momentum is building, but critical levels must be watched for sustained movement. Here’s a breakdown of what to look out for:
Support Zones:
Immediate support lies at $0.007867, aligning with the 7 EMA. A dip here could still hold the bullish structure.
Stronger support is at $0.006557, near the consolidation zone. A break below might signal a deeper correction.
Resistance Levels:
Resistance is at the current high of $0.009600. A breakout above this level could propel AMP toward $0.011 or even higher.
Watch for rejection at this level, as it might trigger a pullback to the first support.
Entry Strategy:
Long Entry: Buy near $0.008500, targeting $0.010, $0.011, and $0.012, with a stop loss at $0.007800.
Short Entry: Sell below $0.007800, targeting $0.006500 and $0.005900, with a stop loss at $0.008100.
⚠️ Note: This parabolic move indicates heightened volatility. Tight risk management is crucial as AMP approaches critical resistance. Monitor for confirmation of breakout or reversal to align trades with the trend.
@DIN Data Intelligence Network