$OM
【Point Update】
The popularity of the OM coin has remained high for nearly half a year, with the price breaking out from the end of last year and reaching a maximum increase of 10 times. Now it has pulled back over 30%+, and there has been significant price volatility recently, with multiple long upper and lower shadows appearing. The market is fiercely contested between bulls and bears, resulting in weekly level fluctuations.
It is recommended to participate moderately, with short-term upward expectations, but personally, I do not have a positive outlook in the long term. This is because many VC-supported projects carry the risk of price manipulation, and MANTRA controls almost 90% of the market supply of OM, meaning the actual circulation volume should be far lower than the publicly announced figures.
Short-term pressure: 6.98, 7.28
Strong pressure: 7.7
Short-term support: 6.63 (short-term), 6.35~6.25 (wave)
Strong support: 5.72~5.63
Gap: 4.4~4.06 (the beginning of the crash..)
