MantraToken

🚨 OM/USDT Perp Update – Real-Time
Price: ~$0.2569 🔼 +9.83%

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📰 News / Fundamentals
MANTRA (OM) surged after breaking above its $0.21–$0.22 demand zone and retesting it as support. No fresh ecosystem news; market sentiment remains driven by technical momentum. Speculation persists over past April crash from ~$6 to ~$0.37, now viewed as a defining moment in token structure.

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📊 Technicals
OM forms a falling wedge/breakout structure with price now hovering above the key $0.21 support zone. RSI ~50 (neutral), MACD shows bearish divergence despite rally—mixed momentum setup.

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🐋 Whale / Smart Money
On-chain data suggests accumulation near $0.21–$0.22 zones as exchange supply drops. No clear institutional buying yet.

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🔖 Support / Resistance
Support: $0.21 – $0.22 primary demand zone; $0.19 deep floor.
Resistance: $0.26 – $0.27 breakout zone; next target $0.40 if buyers sustain momentum.

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🎯 Sentiment: Neutral–Bullish
Recovery from major crash shows resilience. Price action now hinges on technical breakout above $0.26; structure supports potential continuation if volume confirms.

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🚥 Trade Ideas
Long bias: Entry near $0.22 – $0.23 on pullback or consolidation. SL below $0.21. TP1 target $0.26–$0.27, TP2 $0.34–$0.40.
Short bias: If price rejects near $0.26 – $0.27 with bearish confirmation, consider entry $0.265, SL ~$0.275, TP $0.23 – $0.22.

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Bottom-line: OM is rebuilding from deep demand zones around $0.21. Falling wedge breakout underpins bullish bias, but confirmation required above $0.26 to validate next leg toward $0.40. Watch volume and momentum indicators closely. #OM_USDT #CryptoAnalysis #MantraToken

🚨🚨 #MantraToken 🚨$OM 🚨🚨
🔥 Mantra CEO Plans to Burn Tokens After $OM Crash

Big Move to Rebuild Trust: After the $OM token took a huge hit on April 13 (dropping 92%), Mantra CEO John Mullin is taking drastic action. He’s pledged to burn 300 million OM tokens that were originally allocated to the team, hoping this move will help rebuild trust with the community. 🔥💥

What Happened with OM?: The crash was caused by a liquidation cascade, where OM tokens were used as collateral and then sold off rapidly. This sent the price plummeting, leaving investors in shock. 💔

Burn & Buyback Plan: Mantra is also working on a buyback and burn strategy to help stabilize the price and show the community they’re serious about recovering. The timeline for this isn't clear yet, though. 🕰️

Clearing the Air: The team has strongly denied any insider dumping of tokens and assured that no project funds were involved in the crash. Just a rough turn of events. 🙅‍♂️

Current Price: After the dust settled, OM is back up to about $0.78 from its low of $0.52, but it’s still a long road ahead. 📉➡️📈

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It’s a tough situation for the community, but Mantra’s taking steps to get things back on track.

🚨 Mantra (OM) Token Falls Over 92% in Just a Few Hours! 😱

The OM token from the Mantra project dropped sharply, falling from $6.30 to under $0.40 in just a few hours.
That’s a huge loss of over $6.2 billion in market value!
Many in the crypto space are shocked.
Some traders are even calling it a rug pull, comparing it to the big crashes like LUNA and FTX.
One investor said, “If the team doesn’t speak up, OM could go to zero.”
📢 No official reason yet, but we’ll share more updates as this story continues to develop.
$OM
#mantratoken #cryptocrash #OMToken #mantra #OMCoin

#BreakingNews 🚨MANTRA ($OM ) is experiencing renewed market interest after burning 300 million tokens and overhauling its governance, shifting toward decentralization. The project adopted an inflationary token model and reduced internal validator control, boosting liquidity and trading activity. OM is trading between $0.37–$0.38 with a market cap of up to $451M, showing bullish technical signals and stable support levels.

#MANTRAToken #CryptoNews #TokenBurn #DeFiGovernance