Here’s a short article, focusing on the recent sharp drop in $OM (#mantra ) and what could be coming next:

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#OM (Mantra) Took a Hit – What’s Next?

Over the past month, OM (Mantra) has seen a sharp decline, losing significant value after what looked like a strong run earlier this year. The token, which had been riding high on hype and community engagement, suddenly dropped from recent highs and is now trading near $0.40 – a steep correction from the $6+ levels that caught traders’ attention.

So, what happened?

The recent price dump seems to be a mix of several things: profit-taking after the earlier pump, disappointment over the #Galxe airdrop issues, and growing concern over token unlock schedules that could flood the market with more supply. Many early investors appear to have cashed out, and short-term traders are now hesitant, waiting for a clearer signal.

Technical Picture

From a chart perspective, OM is sitting close to key support around $0.38–$0.40. If that breaks, we could be looking at a slide down to $0.30 or even lower. Momentum indicators like RSI are showing weakness, suggesting there’s still room for more downside unless bulls step in quickly.

What’s Next?

The next few weeks are critical. If the project can rebuild trust and deliver real progress (especially around staking, governance, or actual ecosystem use), we might see a slow recovery. But if negative sentiment continues and new selling pressure kicks in with future token unlocks, OM could struggle to hold its current levels.

Bottom line – OM is in a fragile spot right now. It’s not a lost cause, but traders should watch closely. #volatility will stay high, and without new demand or utility, the path of least resistance may still be down.