AMP/USDT Technical Analysis (Spot Trading)

Basic Data:#amp

Current Price: 0.004750 USDT (+3.89%)

24h High: 0.004978 USDT

24h Low: 0.004486 USDT

Trading Volume: 461.36 million AMP / 2.18 million USDT

Possible Scenarios:

Bullish: If the price breaks 0.004978, a rise to 0.0050–0.0051 USDT is possible.

Bearish: If the price falls below 0.004486, a correction to 0.0044–0.0043 USDT is possible.

Trading Strategies:

Long: Entry 0.0047-0.0048 USDT, target 0.0050-0.0051 USDT, stop loss 0.0046 USDT.

Short: Entry 0.0050-0.0051 USDT, target 0.0046-0.0044 USDT, stop loss 0.0052 USDT.

Summary: Selling pressure remains high, but a bounce is possible. Wait for a breakout of 0.004978 to enter long or a decline below 0.004486 to confirm the decline.

$AMP