$AMP /USDT BEARISH PULLBACK UNDERWAY — SHORT SETUP EMERGING!
AMP spiked sharply to a high of 0.005800 but quickly faced heavy rejection, dropping back to 0.004894. This indicates a strong bearish pressure after the breakout failed to sustain. The price is now consolidating with lower highs forming — suggesting a likely continuation to the downside if support fails.
Trade Setup:
Short Entry: 0.004880 – 0.004920
Take-Profit (TP): 0.004650 / 0.004480
Stop-Loss (SL): 0.005070
Market Outlook:
The failed breakout above 0.0058 has turned into a reversal signal. As long as AMP remains below 0.0050 resistance, sellers are likely to stay in control. A break below 0.004850 could accelerate the drop.
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