(MANTRA) shows signs that it could be bullish in the near future, but let’s break it down:

1)Whale Activity: A whale recently deposited a large amount of OM to Binance after booking profits—this can mean there's interest from big players, which often sparks attention from retail investors.

2)Staking Opportunities: Binance offering nearly 20% APR on OM staking increases demand, as users may lock their tokens for passive income.

3)New Trading Pairs: The addition of OM/USDC increased liquidity, which can attract more volume and traders.

4)Strong Community Hype: OM is gaining popularity among DeFi enthusiasts because of its focus on governance and staking.

But there are also some risks.

1The recent price drop suggests short-term profit-taking.

2Whale exits can also mean potential corrections.

3General market volatility (like BTC or ETH drops) can drag OM down, even if it's fundamentally strong.