๐ Breakout in Progress! OM Eyes Higher Levels
Coin: MANTRA ($OM )
Price: 0.2710 USDC
Quick Take: Strong bullish momentum, price above all key MAs, breakout from consolidation with increasing volume.
Type: Long
Timeframe: 15m
๐ฅ Entry Zone: 0.2650 โ 0.2700
๐ฏ Target Price 1: 0.2745
๐ฏ Target Price 2: 0.2810
๐ Stop Loss: 0.2590
Technical Analysis:
OM has surged from a 24h low of 0.2458 to test resistance at 0.2740, forming a strong uptrend on the 15m chart. Price is trading well above the 200 MA (0.2542) and all other key moving averages (25, 50, 99). Volume is rising sharply, confirming momentum. If price holds above 0.2650, continuation toward 0.2810 is likely. Immediate resistance lies at 0.2740.
