$AMP /USDT Slips Below Key Support — Bears in Full Control
AMP is trading at $0.003566, down 3.57%, with price decisively below all major moving averages: MA-7 at $0.003747, MA-25 at $0.003847, and MA-99 at $0.003962 — confirming strong short-term and long-term bearish pressure.
📉 Technical Breakdown: AMP just tapped a 24h low of $0.003516, with fading support. Unless bulls step in near this level, downside targets include $0.00320, $0.00296, and even $0.00289.
📈 Reversal Scenarios: A close back above $0.00375 is crucial for any relief bounce, with resistance stacking near $0.00384 and $0.00415. Recovery to the MA-99 ($0.00396) would shift momentum more neutral.
📊 Outlook: The consistent drop below key moving averages and weak volume support suggests continued downside pressure unless a bullish divergence or high-volume reversal emerges soon.