$OMNI /USDT BEARISH DOWNTREND INTENSIFIES โ ๏ธ | TECHNICAL ANALYSIS ๐
OMNI is facing strong selling pressure, down -9.36%, currently trading at $1.55. Price action shows a clear bearish bias as it struggles to hold key supports amid declining momentum. Bears remain dominant! ๐ป๐ฅ
๐น Resistance Levels:
โข $1.60 โ Immediate resistance, previous support turned resistance โ
โข $1.70 โ Major resistance zone to watch ๐ง
๐น Support Levels:
โข $1.54 โ 24h low, crucial support line โ ๏ธ
โข $1.50 โ Next key support, breakdown could accelerate sell-off ๐จ
๐ Current Price: $1.55
---
๐ฏ TRADE SETUP (SHORT):
Entry Zone: $1.54โ$1.57
Take Profits (TP):
โข TP1: $1.50 ๐ฏ
โข TP2: $1.45 ๐
Stop Loss (SL): $1.62 โ
๐ก Risk Management:
Keep risk at 1โ2% of your portfolio. Use tight SL and secure profits near TP1. Avoid emotional tradesโwait for confirmation below support before adding to shorts. ๐๐ก๏ธ
๐ OMNIโs bearish momentum is strong โ breakdown below $1.54 support may trigger deeper declines. Trade smart and stay disciplined! โก๐ป
#SwingTradingStrategy #PowellRemarks #CryptoStocks #MyTradingStyle #Write2Earn $OMNI