$OM As of April 28, 2025, MANTRA (OM) is trading at approximately $0.5237, with a 24-hour trading volume of over $248 million. The token has experienced significant volatility, recently recovering from a sharp decline earlier this month.
📉 OM Short Trade Setup – Targeting $0.46 & $0.42
OM has shown signs of weakness after its recent recovery, with technical indicators suggesting potential for a short-term pullback.
Trade Setup:
Entry Zone: $0.54 – $0.56
Take Profit 1 (TP1): $0.46
Take Profit 2 (TP2): $0.42
Stop-Loss: Above $0.58
If OM fails to break above the resistance zone, a short position targeting the support levels could be favorable. Monitor for confirmation of a reversal before entering.
📈 OM Long Trade Setup – Targeting $0.59 & $0.66
OM has shown resilience after its recent downturn, with potential for further upside if it can break through key resistance levels.
Trade Setup:
Entry Zone: On a confirmed breakout above $0.58
Take Profit 1 (TP1): $0.59
Take Profit 2 (TP2): $0.66
Stop-Loss: Below $0.54
If OM breaks and holds above the resistance zone with increased volume, a long position targeting higher resistance levels could be favorable. Ensure to confirm the breakout before entering and manage risk appropriately.
🔄 Bouncing Points – The Exciting Zones
Support Levels:
$0.46: Recent support level where OM found footing before its current move.
$0.42: A deeper support zone that has historically attracted buying interest.
Resistance Levels:
$0.58: Immediate resistance that OM needs to overcome for further gains.
$0.66: Next resistance level following a breakout above $0.58.
Buy and Trade here $OM