$AMP
/USDT BULLISH BURST MET WITH SELL-OFF – HIGH VOLATILITY ZONE AHEAD!
$AMP/USDT surged rapidly to a high of $0.005800 but has since pulled back to $0.005273, showing signs of intense profit-taking. The chart shows a textbook parabolic move followed by quick rejection, signaling that bulls may be losing grip in the short term.
Trade Setup (SHORT):
Entry Zone: $0.00525 – $0.00540
Target 1: $0.00495
Target 2: $0.00470
Stop Loss: $0.00565
Market Outlook:
Despite the explosive rally, the long upper wick and shift in candle structure reflect heavy resistance. Unless price can reclaim $0.00560+, the setup favors short-term correction before consolidation or next move.
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