$OMNI has been battling volatility, but its underlying fundamental narrative as the unifying layer for all Ethereum rollups remains STRONG. The next few moves will be critical to confirm if it can turn fundamental strength into price action.
📉 Current Technical Status (Daily Chart)
Summary: The technical picture is currently Mixed to Bearish on the shorter timeframes, but volume suggests a move is brewing.
Key Indicator Signals: Many Moving Averages (MAs) are still showing a "Sell" signal, confirming the recent downtrend. However, the RSI (Relative Strength Index) is currently sitting in or near Oversold Territory (below 30), suggesting that a short-term bounce or reversal is statistically more likely.
Base Formation: OMNI is attempting to build a solid base at its current range after a significant drop from its All-Time High.
🎯 The Critical Levels to Watch
Monitor these two price points for the next major signal:Level Price Action Next Move Confirmation
Immediate Resistance $3.65 - $3.85 A break and hold above this zone confirms a strong short-term reversal and targets the $4.20 resistance.
Major Support $3.20 - $3.35 A break and close below this key support opens the door for a deeper drop toward the All-Time Low territory.Bullish Scenario (If $3.85 Breaks)
If buyers regain control and push past the immediate resistance, look for these targets:
Target 1 (T1): $4.20
Target 2 (T2): $4.75 (Major psychological resistance)
🐻 Bearish Scenario (If $3.20 Fails)
If the support breaks, the downtrend accelerates:
Stop-Loss Area: A safe zone for existing holders might be just below the $3.20 support.
Next Test: Price could fall toward the \mathbf{\$2.80} level.$OMNI
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