$OM
🚨 OM Coin Price Prediction 🚨
The MANTRA token has continued its downward trajectory after failing to hold above the $0.638 resistance level. The current price action, as of April 20th, shows a consistent pattern of lower highs and lower lows, reflecting persistent selling pressure.
Immediate resistance is now found around the $0.610–$0.620 range, where multiple intraday recovery attempts have been firmly rejected. On the downside, the next critical support lies near $0.575; a breakdown below this level could pave the way for a further decline toward $0.540.
Unless $OM can reclaim the $0.610 level and flip it into a reliable support, the short-term outlook remains bearish. Trading volumes on major blockchains such as Solana and Ethereum have also dropped significantly compared to the record-breaking levels seen in January 2025.
That said, following the recent sharp decline, MANTRA’s RSI appears to be approaching oversold territory. This could trigger a short-lived relief bounce—though any such move is unlikely to reverse the prevailing downtrend unless trading volume picks up and overall market sentiment improves.
While long-term holders from early 2023 are still sitting on substantial gains, more recent investors—especially those who entered during late 2024—have experienced steep losses, with the token undergoing a staggering 94% correction.
