When a token drops -93.47% in a month and -91.52% over 90 days, it’s time to ask: is this the bottom or just the grave? Let's break down OM/USDT from a technical perspective — no emotions, just numbers.
1. Price and the Crash
At the time of writing, OM is trading at $0.4188, down -3.26% in the last 24 hours. But the real story is in the brutal decline over recent weeks.
Red flags:
-93% in 30 days
Falling volume
No sign of buyer interest
2. Technical Analysis: Pure Darkness
Bollinger Bands
OM slipped below the lower Bollinger Band (0.3968) — a classic oversold signal. But in a lifeless chart with low volume, it’s not a buying opportunity — it’s a warning: nobody cares anymore.
RSI
Likely sitting under 30, suggesting oversold territory. But in a market with no liquidity and no demand, RSI could drop to 10 — it won’t matter.
MACD
Deep in bearish territory. No crossover in sight. The lines are spreading — the downtrend is accelerating.
Moving Averages
MA(5) and MA(10) show the token is drowning. No bounce, no hope. Not even a flirt with the mid-Bollinger band (0.4373).
3. Investors Are Gone, Buyers Missing
Volume is shrinking, candles are weak, and not even retail traders ("the hamsters") are poking it. This isn't just a drop — it’s a coma.
4. Any Hope for a Bounce?
Only if by some miracle:
A hyped-up news piece drops,
The team starts aggressively buying back tokens,
Or Binance launches a promo campaign for $OM
But chances are close to zero. Even pump groups don’t bother.
Verdict: OM Mantra Is Beyond Saving
It’s a textbook memecoin storyline: loud launch, flashy whitepaper, a few collabs — then radio silence.
If you’re holding OM, you’ve got two choices:
Sell and move on like it never happened, or
Hold and hope it rises from the dead (unlikely).
#mantra #om #CryptoTechnicalAnalysis #Deadcoins
$OM