$OM Shows Early Signs of Recovery Amid Bearish Structure

Mantra (OM) is catching the attention of technical analysts as subtle bullish signals begin to emerge on the daily chart. Despite a clearly bearish structure in recent weeks, indicators such as RSI and MACD are showing momentum shifts that could hint at a short-term reversal.

The Relative Strength Index has started to rise from deeply oversold levels, while the MACD histogram continues to build upward — both suggesting that selling pressure may be fading. Traders are now closely watching the $0.359 support zone and resistance near $0.4465, with larger targets around $0.7461 if bulls regain control.

While the broader trend still favors caution, these developments could offer strategic entry and exit opportunities for both long and short positions. The analysis underscores the importance of confirming momentum before acting, especially in volatile market conditions.

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Read the full analysis: www.ecoinimist.com/2025/05/12/mantra-crypto-ready-to-explode