$OMNI
/USDT Bull Run Outlook 💥 Ready For Potential Gains 💯 💫
Current Price: $8.83
OMNI is showing bullish momentum with increasing volume and a 24-hour gain of 4.74%. Based on price action and potential continuation, here’s a detailed technical outlook:
Indicators:
1. Moving Averages (MA): Price is likely above the short-term MA (e.g., 10-period), signaling bullish strength.
2. MACD: If available, the MACD crossover may indicate continuation of upward momentum.
3. RSI: If near or above 70, it could suggest overbought conditions but may sustain in a strong trend.
Key Levels:
Support 1: $8.50
Support 2: $8.10 (24h Low)
Resistance 1: $8.97 (24h High)
Resistance 2: $9.50
Trade Strategy:
Entry:
Buy Zone: Between $8.70 - $8.85 for momentum continuation.
Targets 🎯:
1. Target 1: $8.97 (24h High - Initial breakout zone)
2. Target 2: $9.25 (Short-term resistance based on price action)
3. Target 3: $9.50 (Next major psychological resistance)
Stop-Loss:
Below $8.50 (to minimize downside risk).
Notes:
Monitor trading volume: A breakout above $8.97 requires strong volume for validation.
If price breaks below $8.50, wait for a potential re-entry around $8.10.
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