$OM (Mantra DAO) is gaining strong bullish momentum, currently trading at $0.8395 with an impressive 59.27% gain in the last 24 hours. After hitting a recent high of $0.9998, the price pulled back to $0.7302 and formed a V-shaped recovery, signaling strong buying interest. Technical indicators support the uptrend — with the price holding above the MA(7), MA(25), and MA(99), and RSI levels (6, 12, 24) ranging from 62–65, showing continued strength without being overbought.
Volume spiked during the rally and is now stabilizing, suggesting possible accumulation before the next leg up. If OM breaks above the $0.85 resistance, it could retest the $1 level quickly.
Given the momentum, strong fundamentals, and increasing interest in DeFi and Layer 1/2 platforms, OM is expected to reach $5 within the next few days, making it a hot pick for short-term traders and momentum investor.
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