Amplitude had a rough day and is now down -7.89%. Investors weren't too impressed with the future outlook for the asset which caused some selling on weak demand. It looks like AMPL may be interacting with a slightly angled resistance line. This area could represent a pivot point. AMPL hasn't established a very clear directional momentum over the last few months. So it's not clear if it has the energy to break through or not.
If the price breaks through the resistance level it will probably move up to the $10.71 where it may meet further resistance. If the price reverses and heads back down lower, it looks like the nearest support level is $6.46 it may head back up from there or break lower.
