$OM Analysis and Timing Suggestion for OM Token Burn at Binance Square

📊 OM/USDT Technical Analysis and Burn Timing

The MANTRA (OM) token burn will be completed on April 29! 🚀

We have determined the best time using technical analysis.

Here are the details:

Price Status: Currently at 0.52494 USD (%3.67 decrease).

Support: 0.5110 USD

Resistance: 0.55461 USD.

Trend: Consolidation in a bear market. RSI 64.66 (neutral), volume low (249.70M OM).

🔥 Best Time for Burn: Short Term: If the price falls to 0.51-0.52 USD and the RSI drops below 50 (within 1-3 days). This strengthens the dip perception and could push the price to 0.55 USD.

Hype Opportunity: If the burn is announced simultaneously with the TOKEN2049 speech in Dubai on April 30 (UTC 12:00), it could have a significant market impact.

Volume Increase: If the volume exceeds 300M OM, the burn will attract more interest.

💡 Potential Impact: Burning 150M OM will reduce supply by 8.2%. The price could reach 0.55-0.60 USD in the short term, and 1.35303 USD resistance in the medium term.

⚠️ Risks: Low volume, whale sell-offs, and unlockings may limit effects.

📢 Recommendation: The MANTRA team should announce the burn in the 0.51-0.52 USD range or with the TOKEN2049 speech. Share transaction hashes for transparency and strengthen PR!

Do you think OM can recover? Share your thoughts in the comments! 👇

#OM #MANTRA #TokenBurn #CryptoAnalysis #BinanceSquare