Technical analysis by aydinbirc about Symbol AMP on 12/5/2024

Fibonacci Levels: The chart shows Fibonacci retracement levels (0.236, 0.382, 0.5, 0.618, etc.), which often act as support and resistance zones for price movement. Price Movements: Current price is around 0.01130. Resistance is observed just below the 0.382 level (0.01135). Expected Movement: The blue line indicates a potential upward price movement. The first target aligns with the 0.618 Fibonacci level (around 0.01400). Support and Resistance: Support: 0.01100 level. Resistance: 0.01135, followed by 0.01400. Volume and Momentum: It's crucial to monitor volume and price response. If volume supports, the upward move might sustain.