$OM
🚨 OM/USDT
Price: $0.2681 🔼 +5.10%
---
📊 Technicals & Market Structure
OM (Mantra Token) has bounced from a consolidation base around $0.22–$0.23, following a sharp crash on tokenomics change and a $227M influx into exchanges earlier this year .
Recent surge reflects technical recovery; indicators show mixed bias—strong momentum on intraday timeframes but weekly/monthly clarity still pending . Support lies near $0.22–$0.23, deeper floor around $0.18. Resistance remains stiff at $0.30–$0.33, with long‑term barrier near $0.40 .
---
Trade Ideas
• Long bias:
Entry: $0.265–$0.270
SL: ~$0.260
TP1: $0.290–$0.300, TP2: $0.320–$0.330
• Momentum long: (on break > $0.300)
Entry: >$0.300
SL: ~$0.295
TP: $0.330–$0.350
• Short bias (if rejection at $0.300–$0.310):
Entry: ~$0.305
SL: ~$0.310
TP first to support zone $0.265–$0.270
---
🎯 Sentiment: Neutral–Cautious Bullish
The rebound suggests early recovery phase. Confirmation above $0.30 with volume would validate bullish momentum. Stay wary of broader bearish structures and confirm breakout. Support hold around $0.23–$0.22 critical to maintain thesis. Given past volatility and tokenomics uncertainty, tight risk control essential. #OM_USDT #MantraToken #CryptoTradeSetup