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$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. ๐ธ๏ธMA(7) โ $1.946 (short-term sentiment) ๐ธ๏ธMA(25) โ $2.247 (trend stability) ๐ธ๏ธMA(99) โ $2.523 (long-term correction zone) ๐ธ๏ธMA(200) โ $5.233 (macro resistance) ๐จ 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) ๐ Support Zone: $1.70 โ if broken, could trigger a sharp drop to $1.40โ$1.30 ๐ 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$2.50, every bounce is likely to be sold into. Momentum remains with bears unless proven otherwise.
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$ADA Update โ Post-Impulse ABC Correction Underway #ADA has completed a clean 5-wave impulse up to ~$0.667, and is now unwinding into a ABC correction. Price is currently hovering at ~$0.635 with more downside likely in the short term. ๐ ๐น Elliott Wave Structure: โ Wave (1) โ (5) completed at the local top ๐ Wave (a) hit with strong momentum ๐ Wave (b) was weak โ lower high ๐ฝ Wave (c) is now expected to target the 0.618 Fib at ~$0.6187 ๐ Key Technical Zone: Target support for Wave (c): $0.6187 This aligns with Fib + previous demand zone = high-probability bounce area If $0.618 holds, next impulse leg may resume toward $0.68โ$0.70+ โ ๏ธ Invalidation: Drop below $0.615 = structure breaks Wait for bullish confirmation before entering Let the correction complete โ catching Wave (2) to Wave (3) is where smart money plays.
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$SUI 4Hr Chart Analysis $SUI has been grinding lower inside a well-defined falling wedge โ a bullish reversal pattern when confirmed. After weeks of bleeding, this could be the setup bulls have been waiting for! ๐น๏ธPrice has been respecting the wedge structure since mid-May ๐น๏ธRecent touch at the lower trendline near $2.80 sparked a small bounce Resistance trendline now sits around $3.36 - $3.4 ๐ Key Levels to Watch: Breakout confirmation: Above $3.360 Upside targets: $3.45 โ $3.70 โ $4.00 if volume supports Invalidation: Break below $2.80 would weaken the setup โ ๏ธ Falling wedge = accumulation structure. If breakout happens, expect rapid price movement. Momentum is shifting. Eyes on the wedge breakout for the next leg.
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$IDOL โ Triple Bottom Forming โ๏ธ After an extended downtrend, price is showing early signs of reversal with a potential triple bottom pattern building up on the 15-min chart ๐ ๐ธ๏ธBottom 1, Bottom 2 & Bottom 3 clearly forming around the $0.0140โ0.0141 zone ๐ธ๏ธStrong horizontal neckline at $0.0148 ๐ธ๏ธVolume is drying up โ often a precursor to breakout or breakdown ๐ Breakout Confirmation: A move above $0.0148 with volume would validate the pattern Breakout target: $0.0152โ0.0155 short term ๐ Risk Levels: If $0.0140 fails to hold again, this setup gets invalidated Could revisit $0.01350โ0.01300 zone if breakdown occurs Pattern forming, but not confirmed yet. Let the price break neckline before calling it bullish.
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