$OM MANTRA (OM): Current Indicators and Analysis as of May 19, 2025
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📊 Key Metrics:
Price of OM: $0.3761 (-4.18% in the last 24 hours)
Trading Volume in 24 Hours: $87.29 million
Market Capitalization: $359.4 million
Circulating Supply: 964.35 million OM
TVL (Total Value Locked): $15,832
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📈 Technical Analysis:
Support: $0.372
Resistance: $0.393
RSI Indicators: approximately 62, indicating a neutral zone
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🔍 Fundamental Events:
Token Burn: MANTRA announced plans to burn 300 million OM to reduce supply and increase staking rewards
Partnerships: Collaboration with MAG for the tokenization of real estate worth $500 million
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📅 Short-Term Forecast:
Considering the current technical and fundamental factors, a consolidation of the price of OM is expected in the range of $0.37–$0.39 in the short term.
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