$OM The OM token (MANTRA) experienced a strong price explosion in the last few hours, with an impressive appreciation of almost 40%, breaking important resistance levels.
📉 Technical Indicators:
• RSI (6): 93.90 (🟣 Overbought)
• RSI (12): 85.86 (🟣 Overbought)
• MACD: Recent positive crossover (bullish signal)
• Moving Averages (MA 5 and 10): Pointing upwards, confirming bullish trend.
🧠 Suggested strategy:
✅ For those already positioned: Evaluate partial profit-taking or protect with a stop gain above $0.31.
📉 For those looking to enter: Wait for a pullback in the region between $0.28 and $0.25 for a better risk/return ratio.$OM
🔮 Keep an eye! If OM can break and sustain above $0.33, the next target may be between $0.37 and $0.40, depending on buying volume.
📆 The last bullish candle started on: July 17, at 1 PM (according to the 8-hour chart).
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💬 Leave your opinion in the comments:
Does OM still have momentum or has it already delivered the movement? 📉📈#Binance #StrategyBTCPurchase #OMNIlauchpool #analises