Simplified Technical Analysis of Currency $OM #om MANTRA (OM), Aimed at Quickly and Effectively Understanding Market Trends:
📊 Basic Data
Current Price: Approximately $0.274.
24-Hour Trading Volume: Approximately $93 million.
Market Capitalization: Approximately $252 million.
Circulating Supply: Approximately 1.02 billion OM.
All-Time High: Approximately $9.00.
All-Time Low: Approximately $0.01469.
---
📈 Technical Analysis
1. Resistance and Support
Main Resistance: Approximately $0.30.
Initial Support: Approximately $0.27.
Strong Support: Approximately $0.22.
2. Technical Indicators
Relative Strength Index (RSI): Approximately 57, indicating moderate bullish momentum.
MACD Indicator: Shows a bullish crossover, indicating the possibility of a continued upward trend.
Moving Averages: Price is trading above the 50 and 200-day moving averages, reinforcing the bullish trend.
---
📌 Future Predictions
Bullish Scenario: If the price manages to break above the $0.30 level, it could target levels of $0.35 and **$0.40**.
Bearish Scenario: If the price falls below $0.27, it may test the next support levels at $0.22.
---
✅ Recommendations
Potential Buy: Upon breaking $0.30 with confirmation from technical indicators.
Potential Sell: If the price falls below $0.27.
Monitor: If the price continues to hold above $0.27, it may signal a continuation of the bullish trend.
--- #ETH4500Next? #BinanceAlphaAlert #CryptoIn401k #BitcoinSPACDeal
