Technical Analysis of $OMNI

/USDT:

Current Price: $8.76

Trend: Bearish (-7.98% in 24h)

Momentum Indicators:

MA/EMA: Price below Moving Averages suggests downward pressure.

BOLL Bands: Price near the lower band, indicating potential oversold conditions.

SAR: Bearish (dots above the price).

Trade Signal:

Bias: Short-term Buy (Recovery Expected)

After a drop to $8.65 (24h low), the price shows potential for a rebound if support at $8.65 holds.

Target 🎯 Levels:

1. 🎯 Target 1: $9.10 (Immediate Resistance)

2. 🎯 Target 2: $9.45 (Mid-term Resistance)

3. 🎯 Target 3: $9.90 (Previous High)

Trade Momentum:

Entry Zone: $8.65 – $8.75 (Near support)

Stop Loss: $8.50 (Below recent low)

Momentum Indicator: Moderate bullish divergence on shorter timeframes (e.g., 15m, 1h charts).

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