🔍 Technical Analysis for Currency $OM

✅ General Trend

Current Trend: Technical indicators suggest that OM is in a short-term upward trend, after recovering from the sharp decline it experienced in April.

📈 Technical Indicators

Relative Strength Index (RSI): It is in the overbought territory, which may indicate a potential price correction soon.

MACD Indicator: It shows a bullish crossover, supporting the continuation of the upward trend.

Moving Averages: The 50-period moving average is trending upwards and is below the current price, indicating strong support. The 200-period moving average has been trending upwards since May 5, 2025, reinforcing the upward trend.

🔮 Future Forecasts

Positive Scenario: If the price remains above the support level at $0.37, it may target levels of $0.50 and then $0.60.

Negative Scenario: If the support at $0.37 is broken, the price may head towards the next support level at $0.30.

✅ Recommendation

Given the strong performance and growing interest in MANTRA, OM may be a good opportunity for short- to medium-term traders. However, it is always advisable to conduct thorough research and manage risks before making any investment decision.