$OM

🚨 OM/USDT

Price: $0.2681 🔼 +5.10%

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📊 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 .

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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

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🎯 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