$AMP – Range Breakout Watch! 🚨
$AMP is consolidating within a well-defined range between $0.005500 (support) and $0.005900 (resistance). A breakout from this range could dictate the next major move.
🔹 Breakout Scenario:
Bullish Breakout Above $0.005900 → Potential move toward $0.006000 - $0.006100
Bearish Breakdown Below $0.005500 → Possible drop to $0.005400 - $0.005300
📊 Key Levels to Watch:
Resistance: $0.005900
Support: $0.005500
Breakout Confirmation: High volume push above $0.005900
💡 Pro Tip:
If AMP reclaims $0.005900 with strong volume, expect bullish continuation. Conversely, a rejection could lead to short opportunities targeting lower support zones.
🔍 Watch for volume confirmation before entering trades! 🚀