$OM 🎯🎯 Potential Targets🌼 in the description below 🎯🎯 After burning 150 million tokens of the Mantra coin, will we witness a market recovery? 🔥 The current price is 0.4452 with a decline of 6.45%, indicating strong selling pressure. The trading volume for OM is high (71.38 million), while the volume for USDT is lower (32.66 million), which may indicate sellers' dominance in the market currently.
Key Levels:
- Strong Support: 0.4323 (Lowest price in 24 hours).
- Strong Resistance: 0.4810 (Highest price in 24 hours).
Forecasts:
- If the price declines further: it may test the level of 0.4323, and if it breaks it, the next target may be 0.40.
- If the price rises: it may face resistance at 0.4810, and if it surpasses it, it may target 0.50.
Recommendations:
- For cautious traders: wait until the price stabilizes above 0.4810 to buy, or below 0.4323 to sell.
- **For bold traders:** buy near 0.4323 with a stop loss below 0.42, or sell near 0.47 if the price fails to rise.
🚨⚠️☢️ Trading carries risks, and it is advisable to make decisions based on careful analysis. The market is volatile, so caution should be exercised and price movements monitored closely. Use capital management wisely to avoid significant risks
#om #MantraChain #mantra