$OMNI 🚀 SKYROCKET MOMENTUM 🚀
📈 Technical Analysis
🔹 Support & Resistance Levels:
Support 1: $5.20 (near-term bounce level)
Support 2: $4.90 (strong base from previous structure)
Resistance 1: $5.75
Resistance 2: $6.10 (breakout confirmation level)
🔹 Indicators:
RSI (14): ~58 → Slightly bullish, room to grow
MACD: Showing bullish crossover, signaling potential upward trend
Bollinger Bands: Price approaching upper band → Watch for volume confirmation
EMA 20/50: Bullish alignment, short-term trend support near $5.25
🔹 Chart Pattern:
Inverse Head & Shoulders developing → neckline breakout at ~$5.75
Trendline breakout observed on 1H and 4H timeframes
🎯 Short-Term Trade Setup
📌 Bullish Breakout Strategy
Buy Zone: $5.45–$5.55 (on volume-supported breakout)
TP1: $5.80
TP2: $6.10
TP3: $6.40 (if $6.10 flips to support)
SL: Below $5.20 (to invalidate the pattern)
⚙️ Range Strategy (For Sideways Market)
Buy dips near $5.20
Sell near $5.75–$5.80
SL: $4.90
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⚠️ Risk Assessment
Risk Factor Rating
Volatility 🔶 Moderate-High
Whale Activity 🔴 Elevated near resistance zones
Market Correlation 🟡 Medium (correlated with ETH trends)
Overall Risk Level 🟠 Moderate
📘 Disclaimer
This is not financial advice. The information is provided for educational and informational purposes only. Crypto assets carry a high level of risk, and traders should only invest funds they can afford to lose. Always perform your own due diligence (DYOR), use proper risk management, and consider market conditions before trading