OMNI
Overall Sentiment: Mixed, with a bullish bias. OMNI has experienced significant volatility and recent price drops after a major surge following an exchange listing. While the price has pulled back, the token has strong fundamental drivers and a history of explosive rallies. The current price is at a key inflection point.
Long Trade:
* Entry Idea:
* Conservative: Look for a confirmed bounce from a stronger support level around $3.50 - $3.70.
* Aggressive: A sustained move and close above $4.20 - $4.40 with increasing volume could signal a reversal and continuation of the uptrend.
* Targets:
* Short-term: $4.50 - $4.80
* Mid-term: $5.00 - $5.50
* Potential stretched target: $6.50 - $7.00
* Stop-Loss (example): Below $3.90 or $3.50 (depending on entry and risk tolerance).
Short Trade:
* Entry Idea: If OMNI fails to hold the $4.00 - $4.10 support zone and breaks down with conviction, or if it retests $4.40 - $4.50 and gets rejected with strong bearish confirmation.
* Targets:
* Short-term: $3.70 - $3.90
* Mid-term: $3.50 - $3.20
* Stop-Loss (example): Above $4.40 or $4.60.
Key Support & Resistance Levels:
* Resistance: $4.20, $4.40, $4.50, $4.80, $5.00
* Support: $4.00, $3.90, $3.70, $3.50, $3.20