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 Overview AMP 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 / $0.003039 Buy Area: 0.0044-0.0038 Panic 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 level TP2: $0.020884 – Major multi-year resistance TP3: $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 ignition Break above $0.012 confirms trend change Panic 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