$OMNI

Here's a concise analysis of Omni Network (OMNI) for today, August 8, 2025:

📈 **Price & Momentum**

- **Current Price**: **$4.75–$4.78** (up **10–18%** in 24 hours), with a **$164M–$184M** market cap .

- **Surge Driver**: Broke out from a **descending parallel channel**, signaling potential bullish reversal .

📊 **Technical Signals**

- **Bullish**: Trading **above all key EMAs** (10, 20, 50, 100, 200-day), indicating strong upward momentum .

- **Overbought Risk**: **RSI at 71.26** (14-day), suggesting short-term pullback potential .

- **Key Levels**:

- **Support**: $4.36 (critical), $4.06 (24h low) .

- **Resistance**: $5.98 (breakout target), then $6.94 .

🐋 **Market Sentiment**

- **Short-term**: **Bullish** (12/17 technical indicators signal "buy") .

- **Whale Activity**: Top 100 addresses increased holdings by **2.36%** in 30 days .

⚠️ **Key Risks**

- Failure to hold **$4.36 support** may trigger a drop to **$3.32** (Bollinger lower band) .

- High volatility: 24h range of **$4.06–$5.35** .

💎 **In short**: OMNI shows strong bullish momentum today but faces overbought pressure. Hold **$4.36 support** to target **$5.98+**. Trade cautiously near resistance! 🔍