Long-term Trading Signal for USDT $AMP 🟢
Trading Settings: The price bounced from the support level near 0.00375, forming a bullish engulfing candle, and recovering the short-term exponential moving average. Momentum indicates a potential continuation in the short term if trading volume remains.
Entry Point: 0.00380
Stop Loss: 0.00368
Take Profit:
First Profit Target: 0.00390
Second Profit Target: 0.00398
Third Profit Target: 0.00410
Margin: 2-3% of capital
Leverage: 10 times
Market Outlook: The market shows early signs of reversal after a local decline; buyers are entering from support areas. Watch for a breakout at the 0.00390 level for further confirmation $AMP