đ¨ $AMP /USDT BREAKING OUT â IS THE RUN SUSTAINABLE? đ¨
AMP/USDT is showing strong momentum, rallying +9.58% to $0.004368. After bouncing from the recent low at $0.003909, AMP/USDT faces stiff resistance around the $0.005156 level. If bulls can break through this resistance, the next leg up could target $0.005400. On the downside, $0.004200 offers key support; a drop below this could send the price back to $0.003909, retesting critical support.
đĄ Key Levels to Watch:
⢠Resistance: $0.005156 â Breakout could fuel bullish momentum toward $0.005400.
⢠Support: $0.004200 â Failing here risks a pullback to $0.003909 or lower.
đ Trade Setup:
⢠Long Entry: On breakout above $0.005156, with a target of $0.005400 and a stop loss at $0.004900.
⢠Short Entry: If rejected at resistance, short below $0.004200, targeting $0.003909, with a stop loss at $0.004500.
This setup favors bulls in the short term but watch closely for a breakout or rejection. Volatility is highâstay sharp!
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