📈 $AMP /USDT – Rebound in Progress or Just a Relief Rally? 🔄

$AMP is showing signs of recovery after a strong bounce from the local bottom at $0.003492, now trading at $0.003776 (+3.74%). The price has reclaimed the 7 & 25 EMA – but faces a crucial resistance zone ahead! ⚠️

🔍 Technical Insights:

🟡 MA(7) at $0.003709 crossed above short-term candles — early bullish signal.

🟣 MA(25) at $0.003775 just reclaimed — watch for sustained price action above.

🧱 Strong resistance lies at MA(99) $0.003968 — this is the level to beat for a real trend reversal.

📊 Trading Plan:

🔸Short-Term Bounce Play:

📍 Entry: $0.00375–$0.00378

🎯 TP1: $0.00390

🎯 TP2: $0.00405

🛑 SL: $0.00362

🔸Breakout Setup:

📍 Entry: On break above $0.00400

🎯 TP1: $0.00420

🎯 TP2: $0.00440

🛑 SL: $0.00380

📌 Reminder: Don’t chase the wick. Wait for confirmation and volume above resistance zones before heavy entries. Risk management is 🔑 in volatile microcap DeFi tokens.

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