$OM
Coin (MANTRA), a notable player in the DeFi and staking ecosystem, has recently experienced high volatility. Following its steep decline from an all-time high above $9, investors are closely watching for potential reversal zones or further downside.
🔹 Short-Term Support Levels:
$0.20 - $0.21: Currently acting as the first line of defense. If OM fails to hold this range, more aggressive selling could occur.
$0.10 - $0.15: A deeper demand zone where long-term buyers may look to re-enter. This area could provide a strong bounce if retested.
🔹 Short-Term Resistance Levels:
$0.24 - $0.25: Immediate hurdle for OM. A breakout above this zone could ignite renewed bullish interest.
$0.27 - $0.30: Next resistance band, with $0.30 serving as a critical psychological level.
🔹 Medium-Term Resistance Zones:
$0.35 - $0.38: Previously strong support — now likely flipped to resistance.
$0.42 - $0.48: Significant supply zone. Price may struggle here without strong volume.
$0.59 - $0.65: Bullish momentum must be strong to test this range.
$0.87 - $1.00: Major resistance formed during previous peaks earlier this year.