$OMNI USDT BEARISH REVERSAL IN PLAY – SHORT BEFORE MOMENTUM FADES 📉
After an explosive +31% rally, $OMNIUSDT has hit strong resistance at $3.482, forming a bearish rejection wick on the 1H chart. The current candle structure signals weakening buyer strength as price stalls just below $3.20. This sets the stage for a corrective pullback as short-term traders lock in profits.
📊 Trade Setup:
Short Entry Zone: $3.19 – $3.25
Target 1 (TP1): $2.824
Target 2 (TP2): $2.666 (Major support)
Stop-Loss: Above $3.50 (Recent top rejection)
📉 Market Outlook:
Momentum appears overextended following the vertical surge from $2.40. Price is now facing supply pressure near $3.48 and forming lower highs. If $3.06 breaks, a deeper retracement becomes likely toward key Fibonacci and volume cluster support zones.
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💥 Ride the rejection. Short the exhaustion. Let the chart guide the profit.
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