AMP has been consolidating within a tight range, forming strong support and resistance zones. Currently, it’s trading near a critical level, with a potential breakout in either direction.
Key zones to monitor:
Red Zone: This upper resistance zone around the $0.009 level could act as a major barrier. A breakout above this could lead to substantial upward movement.
Blue Zone: This area is a crucial pivot, marking the current trading range. If AMP flips this zone into a support, it could act as a foundation for a bullish trend.
Green Zone: A strong support zone around $0.003, providing a lower boundary in case of a pullback.
With AMP trading at the upper range of the consolidation zone, it’s crucial to watch for confirmation of a breakout or rejection. Volume and momentum will be key indicators to assess the strength of the move.
Key zones to monitor:
Red Zone: This upper resistance zone around the $0.009 level could act as a major barrier. A breakout above this could lead to substantial upward movement.
Blue Zone: This area is a crucial pivot, marking the current trading range. If AMP flips this zone into a support, it could act as a foundation for a bullish trend.
Green Zone: A strong support zone around $0.003, providing a lower boundary in case of a pullback.
With AMP trading at the upper range of the consolidation zone, it’s crucial to watch for confirmation of a breakout or rejection. Volume and momentum will be key indicators to assess the strength of the move.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.