š Mantra ($OM ) corrects again today!
Mantra Token ($OM) has recorded a sharp decline today, with a daily correction reaching -14.44% and briefly touching a 24-hour low of $0.3255. The current price is around $0.3383 with a 24-hour trading volume of 68 million OM, indicating significant selling pressure in the market.
From a technical perspective, the current condition is classified as extreme:
* RSI(6) has plummeted to a level of 13.17 ā reflecting oversold conditions.
* EMA 13, 21, and 99 have all been broken downward ā signaling the dominance of a bearish trend.
* KDJ is also in a position of overselling, reinforcing the confirmation of continued downward pressure.
From a macro perspective, this decline may be triggered by profit-taking actions following a weekly rally that failed to convincingly break the resistance at $0.40. The market seems to still be waiting for external sentiment or on-chain triggers to restore strong demand.
š Disclaimer: Not Promotion & Not Financial Advice
