🔥 Is OM Ready for a Trend Reversal? 🔥

A few days ago, when the market looked hopelessly bearish, I took a chance on $OM . My conviction? 🚀 I see OM’s potential not just for a small bounce—but one day, with strong momentum and alt-season, maybe even a return to >$1.

Yesterday, my position was sitting at a painful -150% unrealized loss… but today, the chart is finally giving me hope after Powell's speech on the potential rate cut on September. Could this be the turning point?

OM/USDT has just bounced off its major support zone (0.2220) with strong momentum! After weeks of consolidation, the chart is flashing signals of a potential short-term rally.

🔑 Technical Outlook:

Entry: 0.246 – 0.2500

Stop Loss: 0.2394

🎯 TP1: 0.2620 (EMA resistance)

🎯 TP2: 0.2720 (Fib 0.618)

🎯 TP3: 0.2856 (Fib 0.786)

📊 Risk/Reward Ratio: up to 1:3

💡 Token Fundamentals Still Exist?
1. Mantra is a real-world asset (RWA) tokenization blockchain, with institutional ambitions—backed by a $1B tokenization deal and a VARA license in Dubai. If the protocol continues executing on RWA integrations, real utility could help stabilize long-term valuation.

2. Team Committed to Transparency
The project has committed to publicly sharing a post-mortem of the crash, token vesting schedules, and statements from investors like Shorooq (VC of Mantra) affirming no insider dumping occurred and the management have not sold OM tokens in the lead up to, or during, the crash.

3. Structural Reforms Possible
Potential token buybacks, burn programs, or unlocking liquidity could help rebuild market confidence.

⚠️ Risks:

Still below EMA 100/200 → short-term pullback could happened.

If price falls below 0.239, expect retest of 0.222 support.

👉 Opportunity: Traders aiming for high R/R setups may find OM attractive here, with well-defined stop-loss and short term upside potential toward 0.285.

🚀 Do you think $OM will back to strong bullish this year? Is it possible back to >$1?

Let's learn together and share your thoughts~