$AMP just printed a strong breakout candle, jumping from 0.003702 low to 0.004087 high before pulling back slightly to 0.003992. Price is trading above all key moving averages (7-MA: 0.003823, 25-MA: 0.003772, 99-MA: 0.003660), which confirms strong short-term bullish momentum.
Bullish View:
If AMP holds above 0.00390, buyers could retest 0.00408 and push toward 0.00415 – 0.00420. Rising volume supports this upside continuation.
Long Trade Setup:
Entry: 0.00390 – 0.00400
Target: 0.00408 (Final Target 0.00420)
Stop Loss: 0.00382
Bearish Risk:
If AMP fails to hold above 0.00390, profit-taking could drag it back to 0.00382 and then 0.00372.
Bias: Bullish as long as 0.00382 holds. Momentum is strong, but watch for volatility after the breakout.