$OMNI Daily Chart Analysis

Omni continues to struggle under heavy pressure with all major MAs sloping downward. Until key levels are reclaimed, this chart remains bearish on all timeframes.

๐Ÿ”ธ๏ธMA(7) โ€“ $1.946 (short-term sentiment)

๐Ÿ”ธ๏ธMA(25) โ€“ $2.247 (trend stability)

๐Ÿ”ธ๏ธMA(99) โ€“ $2.523 (long-term correction zone)

๐Ÿ”ธ๏ธMA(200) โ€“ $5.233 (macro resistance)

๐Ÿšจ Key Observations:

Death cross pattern: All short-term MAs lie below the long-term MAs โ€” a classic downtrend confirmation

Price recently rejected from the MA(99) zone ($2.52), reinforcing it as strong resistance

Recent bounce off $1.698 was weak and failed to push above MA(25)

๐Ÿ“Œ Support Zone:

$1.70 โ€“ if broken, could trigger a sharp drop to $1.40โ€“$1.30

๐Ÿ“ˆ Bullish Trigger (Only on Breakout):

Reclaiming $2.25 (MA25) first

Clear breakout + daily close above $2.52 (MA99) needed to shift structure bullish

Conclusion: Until price breaks above the MA cluster around $2.25โ€“$2.50, every bounce is likely to be sold into. Momentum remains with bears unless proven otherwise.