Technical analysis by HamadaMark about Symbol AMP: Buy recommendation (5/10/2025)

HamadaMark

⚡️ #AMPUSDT Weekly Analysis — Preparing for Macro Wave Recovery?🗓 Published: May 10, 2025📊 Timeframe: 1W | Exchange: Binance🔍 Market Structure OverviewAMP is currently retesting its long-term base zone near $0.003, which has held multiple times over the past two years. The structure is now suggesting a potential double bottom forming, with higher timeframe breakout setups aligning into 2026.📌 Formation:✅ W-reversal structure forming✅ Base reclaim with bounce from key demand zone✅ Higher lows vs. 2023 bottom✅ 200 MA curling upward slowly🟦 Support Zone:Main Support / $0.003039Buy Area: 0.0044-0.0038Panic Level: Close below this support could trigger a drop to the low of $0.0014🔻 Breakdown below = structural invalidation🎯 Upside Resistance Targets:TP1: $0.012381 – Mid-range recovery levelTP2: $0.020884 – Major multi-year resistanceTP3: $0.028298 – Full breakout extension target📈 These zones mark potential profit-taking levels across the expected multi-leg structure shown on chart🧠 Strategy Insight• AMP is sitting at a high-confluence support with a tight invalidation• DCA or range entries here = favorable R:R💡 Market patience is key. If BTC stabilizes, AMP is technically ready for a mid-cycle breakout leg🗣 What’s Next?Watch for weekly close above $0.006–$0.007 = W-pattern ignitionBreak above $0.012 confirms trend changePanic below $0.003 = exit, reassess lower structure📢 AMP may be writing its next major leg. The base is in — now the market just needs to believe.we ask Allah reconcile and repay