$OM
[BINANCE | OM/USDT Technical Analysis – Layer 1 Rally Alert]
MANTRA (OM) is experiencing a powerful breakout, up +15.84%, trading at $0.4345 after rebounding from the $0.3750 support. As a Layer 1 project, OM is drawing attention with major 24H volume spikes and volatile price action.
Market Snapshot:
Current Price: $0.4345
24H High: $0.5177
24H Low: $0.3750
Volume: 267.43M OM / $123.92M USDT
Sector: Layer 1 / Blockchain Infra
Depth Resistance Zones: 5.76 and 6.86 (possible long-term sell wall clusters)
Technical Outlook:
Short-Term Trend: Bullish surge
Support Zone: $0.4050 – $0.4200
Indicators (4H): RSI rising sharply, MACD strong bullish crossover
Price Action: Rejected at $0.5177; now consolidating for a potential second wave
🎯 Target Levels:
1. Target 1 – $0.4900: Quick-rebound zone and minor resistance
2. Target 2 – $0.5200+: Reclaim of 24H high would confirm bullish continuation
3. Target 3 – $0.5800: Swing resistance and breakout extension area
Trade Setup:
Pullback entries between $0.415–$0.430 could offer a strong risk/reward setup. Breakout confirmation above $0.518 with volume may signal a push to $0.58+. Consider stop-loss near $0.398.
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