#OMC is trading at approximately $0.4361, reflecting a modest intraday increase of 1.93%. The price has seen a low of $0.4130 and a high of $0.4361 within the day. It has recently experienced a significant downturn, dropping over 90% from its year-to-date high of $9 to current levels around $0.43. This sharp decline has led to the formation of a falling wedge pattern on the charts, which is typically considered a bullish reversal pattern. A breakout above the wedge's resistance could signal a potential rebound.

If OM breaks above the resistance of the falling wedge pattern, it could target the $0.60 to $0.70 range in the short term. A sustained move above $0.70 may open the path toward $1.00 and beyond.

Failure to break above the wedge resistance could lead to further consolidation or a retest of recent lows around $0.38.

Despite the downturn, the MANTRA team is reportedly working on recovery plans, including potential token buybacks and burn mechanisms, which could positively impact market sentiment if implemented.
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