$OM 1. Technical Resistance
$0.41 has become a local resistance level after unsuccessful attempts to break through. Traders are taking profits, preventing the price from going higher.
On the 4h and 1d timeframes, a descending triangle may be forming, indicating weakness among buyers.
---
2. Trading volumes have decreased
Volumes in the spot and derivatives markets for OM/USDT have decreased, indicating indecisiveness.
The lack of "fresh blood" — an influx of new participants or whales ready to drive the price up.
---
3. Macrophone and news
Bitcoin is fluctuating around $69k today without a clear trend, and altcoins are in "wait mode".
The MANTRA project has not announced any new news yet, despite a strong foundation (e.g., the launch of RWA on ZK).
---
4. Early entry sellers
Around $0.41–$0.42, there may be volume from investors who entered at $0.30–$0.35, looking to take profits.
This creates selling pressure and hinders the breakout.
---
5. Large holders and Binance
According to on-chain data, there are currently no significant withdrawals or purchases by whales.
No movements from the MANTRA team's wallets to Binance have been observed either.
