$OMNI OMNI/USDT: Layer 1 Token in Freefall – Dead Cat Bounce or Real Recovery?
OMNI is getting crushed today, down **-7.31%** to **$3.17** with **$6.23M** volume. The Layer 1 token just sliced through its MA7 (**$3.16**) like butter – is this panic selling or a buying opportunity?
**Why the Drop?**
- Layer 1 sector bleeding (SOL, AVAX down 5%+)
- RSI(6) still at **66.83** despite dump – more pain possible
- "Omni" trending as "Oh My, No!" in trader chats
**Critical Levels:**
- **Support:** $2.90 (24h low) – lose this and $2.80 is next
- **Resistance:** $3.20 (recent swing high) – reclaim for recovery
**Technical Check:**
- MACD positive (**0.01**) but momentum fading
- Price stuck between MA cluster ($3.10-$3.16)
**Prediction:**
If BTC bounces, OMNI could pump to **$3.37**. But break **$2.90** and we're testing **$2.80** fast.
**How to Trade:**
- **Aggressive:** Buy dips near $3.00 with stops at $2.95
- **Patient:** Wait for RSI <50 + volume confirmation
- **Avoid:** Chasing until $3.20 breaks
Trade small – this one moves fast!
