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SpAwN_RO

High-Frequency Trader
3.5 Years
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Bullish
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$OM **OM/USDT: This Rising Secret Gem Could Make You Rich!** Wealth in the crypto world is made not by chasing hype, but by catching solid projects before they explode. OM (Mantra) is such a gem flying under the radar! Mantra is a layer-1 blockchain focused on regulated real-world assets (RWA). This sector, where traditional finance meets DeFi, is growing rapidly. With strong partnerships and increasing institutional interest, OM is ready for a big leap. 📈 **Why You Should Watch OM/USDT?** ✅ Focus on RWA infrastructure ✅ Low market cap, strong fundamentals ✅ Strong community and institutional interest ✅ Ideal position for the 2025 bull narrative Currently trading in a low range, OM offers an excellent risk-reward ratio for early entrants. Take advantage of this wave before it becomes mainstream! Accumulate wisely and stay informed. 🚀 *This is not financial advice, just an alpha born from research!* #OM #RWA #Crypto #Mantra #BinanceSquare
$OM

**OM/USDT: This Rising Secret Gem Could Make You Rich!**
Wealth in the crypto world is made not by chasing hype, but by catching solid projects before they explode. OM (Mantra) is such a gem flying under the radar!

Mantra is a layer-1 blockchain focused on regulated real-world assets (RWA). This sector, where traditional finance meets DeFi, is growing rapidly. With strong partnerships and increasing institutional interest, OM is ready for a big leap.

📈 **Why You Should Watch OM/USDT?**
✅ Focus on RWA infrastructure
✅ Low market cap, strong fundamentals
✅ Strong community and institutional interest
✅ Ideal position for the 2025 bull narrative

Currently trading in a low range, OM offers an excellent risk-reward ratio for early entrants. Take advantage of this wave before it becomes mainstream! Accumulate wisely and stay informed. 🚀

*This is not financial advice, just an alpha born from research!*
#OM #RWA #Crypto #Mantra #BinanceSquare
--
Bullish
See original
$OM 🚨 Current Opportunity on #OM !** 🚀 The price has dropped to $0.42, but this could be a new trap for whales! The support zone formed after the previous liquidation ($1.79K at $0.4511) is still valid. A simple and clear trading plan: **📊 Technical Analysis and Trading Idea** The $0.42 level is close to the re-test zone and signals a potential reversal. Smart money may be accumulating from these low levels. **💰 Buying Zone:** - **Main Entry:** $0.4200 - $0.4280 (current support zone) - **Additional Entry:** $0.4150 (if a deeper dip test occurs, wait for a confirmed candle close) **🎯 Targets:** - Target 1: $0.4470 (previous liquidation level) - Target 2: $0.4780 (local peak) - Target 3: $0.5030+ (breakout zone) **🛑 Stop-Loss:** - $0.4100 (below the last dip level, safe zone) **🔥 Why is This Opportunity Still Valid?** - The drop may be a final cleaning of weak hands. - Support is strengthening around $0.42, volume and candles are signaling recovery. - Whales may be buying at these levels. **💡 Tip:** Be patient! Wait for candle confirmation for entry. Don’t fall for panic selling, avoid the whales' trap! **📈 Risk-Reward:** 1:2+ — High return potential with entry from low levels! #BinanceSquare #OM #CryptoOpportunity #TechnicalAnalysis
$OM
🚨 Current Opportunity on #OM !** 🚀
The price has dropped to $0.42, but this could be a new trap for whales! The support zone formed after the previous liquidation ($1.79K at $0.4511) is still valid. A simple and clear trading plan:

**📊 Technical Analysis and Trading Idea**
The $0.42 level is close to the re-test zone and signals a potential reversal. Smart money may be accumulating from these low levels.

**💰 Buying Zone:**
- **Main Entry:** $0.4200 - $0.4280 (current support zone)
- **Additional Entry:** $0.4150 (if a deeper dip test occurs, wait for a confirmed candle close)

**🎯 Targets:**
- Target 1: $0.4470 (previous liquidation level)
- Target 2: $0.4780 (local peak)
- Target 3: $0.5030+ (breakout zone)

**🛑 Stop-Loss:**
- $0.4100 (below the last dip level, safe zone)

**🔥 Why is This Opportunity Still Valid?**
- The drop may be a final cleaning of weak hands.
- Support is strengthening around $0.42, volume and candles are signaling recovery.
- Whales may be buying at these levels.

**💡 Tip:**
Be patient! Wait for candle confirmation for entry. Don’t fall for panic selling, avoid the whales' trap!

**📈 Risk-Reward:** 1:2+ — High return potential with entry from low levels!

#BinanceSquare #OM #CryptoOpportunity #TechnicalAnalysis
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$OM 🚨 **Did the whales know about the collapse in advance? What is happening with OM?** 👀 While OM collapsed by 90% in April, the whales (big investors) were already involved and may now be seeking a significant rebound. 💰 **Let's take a look at the past:** - **In February:** Whales made $93M (15.6M OM) in purchases within a week. This pushed the price up by 70% over 17 days, nearing $6. - **At the beginning of March:** Purchases of $143M came from Binance wallets. This dropped the price by 8% and broke a technical pattern (rising wedge). This is generally a sign of a major sell-off to come. 💥 **What happened in April?** $OM collapsed from $6 to $0.64. Small investors suffered huge losses. But the whales? They saw this drop as an opportunity and bought aggressively. - On-chain data shows that whales were continuously buying in May, particularly in the $0.41-$0.42 range. **But beware:** 🟡 Trading volume is decreasing. 🔴 Risk indicators are rising. 🐳 Whales are still buying but more cautiously. --- **Why are whales so interested in OM?** MANTRA is a project focused on Real World Assets (RWA): ✅ It has a VASP license in Dubai. ✅ It made a $1 billion deal with DAMAC. ✅ It receives strong funding support from the Middle East. ✅ The token distribution is very balanced (0.13% density), making manipulation difficult. The RWA market could reach $16 trillion. $OM could gain significantly from this wave… if the market revives. --- 📈 **What’s next for $OM ?** - **If it exceeds $1:** A bull market may begin. - **$6.47:** A significant resistance level. - **Target:** $7.50. **But there is risk:** ❌ If the whales pull support, OM could drop to $0.30. **The big question:** Are the whales preparing for a new rise, or are they luring in small investors to exit? 🐳💸
$OM
🚨 **Did the whales know about the collapse in advance? What is happening with OM?** 👀
While OM collapsed by 90% in April, the whales (big investors) were already involved and may now be seeking a significant rebound.

💰 **Let's take a look at the past:**
- **In February:** Whales made $93M (15.6M OM) in purchases within a week. This pushed the price up by 70% over 17 days, nearing $6.
- **At the beginning of March:** Purchases of $143M came from Binance wallets. This dropped the price by 8% and broke a technical pattern (rising wedge). This is generally a sign of a major sell-off to come.

💥 **What happened in April?**
$OM collapsed from $6 to $0.64. Small investors suffered huge losses.
But the whales? They saw this drop as an opportunity and bought aggressively.
- On-chain data shows that whales were continuously buying in May, particularly in the $0.41-$0.42 range.

**But beware:**
🟡 Trading volume is decreasing.
🔴 Risk indicators are rising.
🐳 Whales are still buying but more cautiously.

---
**Why are whales so interested in OM?**
MANTRA is a project focused on Real World Assets (RWA):
✅ It has a VASP license in Dubai.
✅ It made a $1 billion deal with DAMAC.
✅ It receives strong funding support from the Middle East.
✅ The token distribution is very balanced (0.13% density), making manipulation difficult.

The RWA market could reach $16 trillion. $OM could gain significantly from this wave… if the market revives.

---
📈 **What’s next for $OM ?**
- **If it exceeds $1:** A bull market may begin.
- **$6.47:** A significant resistance level.
- **Target:** $7.50.

**But there is risk:**
❌ If the whales pull support, OM could drop to $0.30.

**The big question:**
Are the whales preparing for a new rise, or are they luring in small investors to exit? 🐳💸
--
Bullish
See original
$OM 🚨 **$OM Long Liquidation! Is an Opportunity Coming?** 🚀 💥 $0.3790 at $4.16K long liquidation shook the bulls! But this could be a buying opportunity for smart traders. 📊 **$OM Technical Analysis** 📍 **Buying Zone**: $0.3650 - $0.3750 🎯 **Targets**: - Target 1: $0.3950 - Target 2: $0.4225 - Target 3: $0.4480 (Main resistance - partial profit) 🛑 **Stop-Loss**: below $0.3580 🔑 **Why is it Important?** - Large liquidation = High volatility = Big opportunity - RSI on 4H is close to oversold, bullish divergence may occur - Volume peak may give a bottom signal 💡 **Pro Tip**: Wait for a bullish engulfing candle or confirmation candle at $0.37. Don’t rush, let the setup come to you! 🔥 **Excitement**: 8.5/10 – High Risk, High Reward! #OM #Crypto #TechnicalAnalysis #BinanceSquare
$OM

🚨 **$OM Long Liquidation! Is an Opportunity Coming?** 🚀

💥 $0.3790 at $4.16K long liquidation shook the bulls! But this could be a buying opportunity for smart traders.

📊 **$OM Technical Analysis**
📍 **Buying Zone**: $0.3650 - $0.3750
🎯 **Targets**:
- Target 1: $0.3950
- Target 2: $0.4225
- Target 3: $0.4480 (Main resistance - partial profit)
🛑 **Stop-Loss**: below $0.3580

🔑 **Why is it Important?**
- Large liquidation = High volatility = Big opportunity
- RSI on 4H is close to oversold, bullish divergence may occur
- Volume peak may give a bottom signal

💡 **Pro Tip**: Wait for a bullish engulfing candle or confirmation candle at $0.37. Don’t rush, let the setup come to you!

🔥 **Excitement**: 8.5/10 – High Risk, High Reward!

#OM #Crypto #TechnicalAnalysis #BinanceSquare
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$OM OM/TRY (Perpetual) 4-hour chart analysis: ### Situation: - **Price:** 19.22 TRY, down 4.90%. - **Volume:** 18.83M OM (364.97M TRY), volume has decreased. ### Analysis: - **Trend:** The downtrend continues. It has declined from a peak of 22.56 to 19.22. The support at 20.10 has been broken, the next support is 18.27. - **Resistance:** 20.10 and 21.22. - **Moving Averages:** The price is below the 20 and 50 period averages, the bearish trend continues. - **RSI:** ~15, in the oversold region, a recovery signal may come. - **MACD:** In the negative region, there is a downward momentum but it is weakening. - **Volume:** Volume has decreased with the decline, selling pressure may decrease. ### Strategy: - **Bear:** If the support at 18.27 is broken, the target is 15.27. - **Bull:** If 20.10 is broken, the target is 21.22. - **Entry on the break of 20.10 for spot, stop at 19.22, target 21.22. ### Conclusion: The downtrend continues, the support at 18.27 is critical. RSI is in the oversold area, a short-term rise is possible. Wait for confirmation in volume and indicators. **Warning:** This is not investment advice, do your own research.
$OM
OM/TRY (Perpetual) 4-hour chart analysis:

### Situation:
- **Price:** 19.22 TRY, down 4.90%.
- **Volume:** 18.83M OM (364.97M TRY), volume has decreased.

### Analysis:
- **Trend:** The downtrend continues. It has declined from a peak of 22.56 to 19.22. The support at 20.10 has been broken, the next support is 18.27.
- **Resistance:** 20.10 and 21.22.
- **Moving Averages:** The price is below the 20 and 50 period averages, the bearish trend continues.
- **RSI:** ~15, in the oversold region, a recovery signal may come.
- **MACD:** In the negative region, there is a downward momentum but it is weakening.
- **Volume:** Volume has decreased with the decline, selling pressure may decrease.

### Strategy:
- **Bear:** If the support at 18.27 is broken, the target is 15.27.
- **Bull:** If 20.10 is broken, the target is 21.22.
- **Entry on the break of 20.10 for spot, stop at 19.22, target 21.22.

### Conclusion:
The downtrend continues, the support at 18.27 is critical. RSI is in the oversold area, a short-term rise is possible. Wait for confirmation in volume and indicators.

**Warning:** This is not investment advice, do your own research.
See original
$OM OMUSDT (Perpetual) 4-hour chart analysis: Status - **Price:** 0.50378 USDT, %4.41 decrease. - **Volume:** 301.35M OM (153.15M USDT), volume has decreased. Analysis: - **Trend:** Downtrend continues, it has declined from the peak of 0.58680 to 0.50378. The support at 0.52272 has been broken, the next support is 0.49472. - **Resistance:** 0.52272 and 0.55461. - **Moving Averages:** Price is below the 20 and 50 period averages, bear trend continues. - **RSI:** ~30, close to the oversold region, a recovery signal may come. - **MACD:** In the negative zone, there is downward momentum but it is weakening. - **Volume:** Volume has decreased with the decline, selling pressure may decrease. ### Strategy: - **Bear:** If 0.49472 is broken, the target is 0.45007. - **Bull:** If 0.52272 is broken, the target is 0.55461. - **Entry/Exit:** Entry for short at 0.50378, stop at 0.52272, target at 0.49472. For long, entry on the breakout of 0.52272, stop at 0.50378, target at 0.55461. ### Conclusion: The downtrend continues, the support at 0.49472 is critical. If RSI recovers, a short-term increase is possible. Wait for confirmation in volume and indicators. **Warning:** This is not investment advice, do your own research.
$OM
OMUSDT (Perpetual) 4-hour chart analysis:

Status
- **Price:** 0.50378 USDT, %4.41 decrease.
- **Volume:** 301.35M OM (153.15M USDT), volume has decreased.

Analysis:
- **Trend:** Downtrend continues, it has declined from the peak of 0.58680 to 0.50378. The support at 0.52272 has been broken, the next support is 0.49472.
- **Resistance:** 0.52272 and 0.55461.
- **Moving Averages:** Price is below the 20 and 50 period averages, bear trend continues.
- **RSI:** ~30, close to the oversold region, a recovery signal may come.
- **MACD:** In the negative zone, there is downward momentum but it is weakening.
- **Volume:** Volume has decreased with the decline, selling pressure may decrease.

### Strategy:
- **Bear:** If 0.49472 is broken, the target is 0.45007.
- **Bull:** If 0.52272 is broken, the target is 0.55461.
- **Entry/Exit:** Entry for short at 0.50378, stop at 0.52272, target at 0.49472. For long, entry on the breakout of 0.52272, stop at 0.50378, target at 0.55461.

### Conclusion:
The downtrend continues, the support at 0.49472 is critical. If RSI recovers, a short-term increase is possible. Wait for confirmation in volume and indicators.

**Warning:** This is not investment advice, do your own research.
See original
$OM 🔥 $OM The team kept their promise: 149,999,900 OM tokens were burned! Next up is the burning of 150M OM tokens! 🚀 The Mantra Team is not stopping on the road to rebuild trust. 💪 $OM community, what do you think about these steps? What are your expectations? #MantraChain #TokenBurning
$OM 🔥 $OM The team kept their promise: 149,999,900 OM tokens were burned!

Next up is the burning of 150M OM tokens! 🚀

The Mantra Team is not stopping on the road to rebuild trust. 💪

$OM community, what do you think about these steps?
What are your expectations?
#MantraChain #TokenBurning
See original
$OM **What is Token Burning and Why Didn't It Increase the Price of #MANTRA (OM)?** Hello! Let's simply explain token burning and the example of MANTRA (OM)! 🚀 **What Does Token Burning Mean?** A project reduces its supply by "burning" its tokens, which means eliminating them. For example, if you have 100 apples and you destroy 20 of them, the remaining 80 apples might become more valuable. That's how burning works: supply decreases, value can increase. **Mantra (OM) Example** Mantra is an asset tokenization project. On April 21, 2025, they burned 150 million #OM tokens, and will burn another 150 million. Total supply dropped to 1.67 billion. Its price is 0.53 USD (April 29, 2025). **So, Why Didn't the Price Increase?** - The market is volatile, OM dropped 70-90% in April. - Demand is low; if people don't buy, the price won't rise. - Large wallets are selling, creating pressure. - The expectation of burning was already reflected in the price. **Final Words** Token burning is a powerful tool, but it's not enough. The price increase for MANTRA depends on market conditions and the growth of the project. If it becomes a leader in the long term, this burning might be effective, but patience is needed. What do you think? 🚀 #OM #burn
$OM

**What is Token Burning and Why Didn't It Increase the Price of #MANTRA (OM)?**

Hello! Let's simply explain token burning and the example of MANTRA (OM)! 🚀

**What Does Token Burning Mean?**
A project reduces its supply by "burning" its tokens, which means eliminating them. For example, if you have 100 apples and you destroy 20 of them, the remaining 80 apples might become more valuable. That's how burning works: supply decreases, value can increase.

**Mantra (OM) Example** Mantra is an asset tokenization project. On April 21, 2025, they burned 150 million #OM tokens, and will burn another 150 million. Total supply dropped to 1.67 billion. Its price is 0.53 USD (April 29, 2025).

**So, Why Didn't the Price Increase?**
- The market is volatile, OM dropped 70-90% in April.
- Demand is low; if people don't buy, the price won't rise.
- Large wallets are selling, creating pressure.
- The expectation of burning was already reflected in the price.

**Final Words**
Token burning is a powerful tool, but it's not enough. The price increase for MANTRA depends on market conditions and the growth of the project. If it becomes a leader in the long term, this burning might be effective, but patience is needed. What do you think? 🚀
#OM #burn
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$OM 📊 #OMUSDT Technical Analysis (4H) 📉🔹 Price: 0.52848 (+0.76% in 24 hours) 🔹 Trend: Downtrend continues, but there is consolidation. 🔹 Support: 0.52405 (strong) 🔹 Resistance: 0.55461 (short term) 📈 Indicators: RSI: 40 (neutral, slight recovery signal) MACD: There is downward momentum, but a slowdown is observed. Volume: Volume is low in the downtrend, an increase is needed for recovery. 🎯 Strategy: Buy: If 0.55461 is broken, target 0.58680. Sell: If 0.52405 is broken, 0.50 may come into play. Wait: The direction of the breakout between 0.52405-0.55461 should be monitored. ⚠️ Note: This is not investment advice, do your own research! #OMUSDT #Binance #TeknikAnaliz
$OM
📊 #OMUSDT Technical Analysis (4H)

📉🔹 Price: 0.52848 (+0.76% in 24 hours)

🔹 Trend: Downtrend continues, but there is consolidation.

🔹 Support: 0.52405 (strong)
🔹 Resistance: 0.55461 (short term)
📈 Indicators:
RSI: 40 (neutral, slight recovery signal)
MACD: There is downward momentum, but a slowdown is observed.
Volume: Volume is low in the downtrend, an increase is needed for recovery.

🎯 Strategy:
Buy: If 0.55461 is broken, target 0.58680.
Sell: If 0.52405 is broken, 0.50 may come into play.
Wait: The direction of the breakout between 0.52405-0.55461 should be monitored.

⚠️ Note: This is not investment advice, do your own research!
#OMUSDT
#Binance
#TeknikAnaliz
--
Bullish
See original
$OM Analysis and Timing Suggestion for OM Token Burn at Binance Square 📊 OM/USDT Technical Analysis and Burn Timing The MANTRA (OM) token burn will be completed on April 29! 🚀 We have determined the best time using technical analysis. Here are the details: Price Status: Currently at 0.52494 USD (%3.67 decrease). Support: 0.5110 USD Resistance: 0.55461 USD. Trend: Consolidation in a bear market. RSI 64.66 (neutral), volume low (249.70M OM). 🔥 Best Time for Burn: Short Term: If the price falls to 0.51-0.52 USD and the RSI drops below 50 (within 1-3 days). This strengthens the dip perception and could push the price to 0.55 USD. Hype Opportunity: If the burn is announced simultaneously with the TOKEN2049 speech in Dubai on April 30 (UTC 12:00), it could have a significant market impact. Volume Increase: If the volume exceeds 300M OM, the burn will attract more interest. 💡 Potential Impact: Burning 150M OM will reduce supply by 8.2%. The price could reach 0.55-0.60 USD in the short term, and 1.35303 USD resistance in the medium term. ⚠️ Risks: Low volume, whale sell-offs, and unlockings may limit effects. 📢 Recommendation: The MANTRA team should announce the burn in the 0.51-0.52 USD range or with the TOKEN2049 speech. Share transaction hashes for transparency and strengthen PR! Do you think OM can recover? Share your thoughts in the comments! 👇 #OM #MANTRA #TokenBurn #CryptoAnalysis #BinanceSquare
$OM Analysis and Timing Suggestion for OM Token Burn at Binance Square
📊 OM/USDT Technical Analysis and Burn Timing

The MANTRA (OM) token burn will be completed on April 29! 🚀
We have determined the best time using technical analysis.
Here are the details:
Price Status: Currently at 0.52494 USD (%3.67 decrease).
Support: 0.5110 USD
Resistance: 0.55461 USD.
Trend: Consolidation in a bear market. RSI 64.66 (neutral), volume low (249.70M OM).
🔥 Best Time for Burn: Short Term: If the price falls to 0.51-0.52 USD and the RSI drops below 50 (within 1-3 days). This strengthens the dip perception and could push the price to 0.55 USD.
Hype Opportunity: If the burn is announced simultaneously with the TOKEN2049 speech in Dubai on April 30 (UTC 12:00), it could have a significant market impact.
Volume Increase: If the volume exceeds 300M OM, the burn will attract more interest.
💡 Potential Impact: Burning 150M OM will reduce supply by 8.2%. The price could reach 0.55-0.60 USD in the short term, and 1.35303 USD resistance in the medium term.

⚠️ Risks: Low volume, whale sell-offs, and unlockings may limit effects.
📢 Recommendation: The MANTRA team should announce the burn in the 0.51-0.52 USD range or with the TOKEN2049 speech. Share transaction hashes for transparency and strengthen PR!

Do you think OM can recover? Share your thoughts in the comments! 👇
#OM #MANTRA #TokenBurn #CryptoAnalysis #BinanceSquare
See original
$OM Explaining Commitment to the Project Through the MANTRA CEO Let me give a few examples to make it clearer: The founder of MANTRA personally accumulated 300,000,000 OM tokens in 2020 when the project was still at the ICO stage. I repeat: These tokens do not belong to the MANTRA development team; they are his PERSONAL assets! He can sell them, burn them, keep them, or do something else entirely — it’s completely up to him. But what happened? On the second day of the sharp decline in the project, the CEO came out and made the following statement: > "What’s done is done. However, to prove my commitment to the project, I am burning the 300 million OM tokens that I personally own." Let's do a simple calculation: 300,000,000 OM × 7 dollars = 2.1 BILLION DOLLARS As of Sunday at 18:00, this man's PERSONAL wealth was 2.1 billion dollars. 4 hours later — at 22:00: 300,000,000 × 0.50 USDT = 150 MILLION DOLLARS And this man, without anyone forcing him, voluntarily burns this 150 million dollars’ worth of PERSONAL tokens. It's that simple. Now I ask you: If we can't trust even this guy, who can we trust? Yes, I’m using strong language because some of your brain cells don’t activate otherwise. A bit of a harsh tone, but the facts are better understood this way. Let me put it this way: Give me the right to express myself freely in this group for two days, show some tolerance. I will explain the supply issues, unlocking, team revenues, I will break it down for you. With swearing. And if by the end of the two days I don't make this group tightly embrace a project like MANTRA, then I must know nothing!
$OM
Explaining Commitment to the Project Through the MANTRA CEO

Let me give a few examples to make it clearer:
The founder of MANTRA personally accumulated 300,000,000 OM tokens in 2020 when the project was still at the ICO stage.
I repeat: These tokens do not belong to the MANTRA development team; they are his PERSONAL assets!
He can sell them, burn them, keep them, or do something else entirely — it’s completely up to him.

But what happened?
On the second day of the sharp decline in the project, the CEO came out and made the following statement:

> "What’s done is done. However, to prove my commitment to the project, I am burning the 300 million OM tokens that I personally own."

Let's do a simple calculation:

300,000,000 OM × 7 dollars = 2.1 BILLION DOLLARS
As of Sunday at 18:00, this man's PERSONAL wealth was 2.1 billion dollars.
4 hours later — at 22:00:

300,000,000 × 0.50 USDT = 150 MILLION DOLLARS

And this man, without anyone forcing him, voluntarily burns this 150 million dollars’ worth of PERSONAL tokens.
It's that simple.

Now I ask you:
If we can't trust even this guy, who can we trust?

Yes, I’m using strong language because some of your brain cells don’t activate otherwise.
A bit of a harsh tone, but the facts are better understood this way.

Let me put it this way:
Give me the right to express myself freely in this group for two days, show some tolerance.
I will explain the supply issues, unlocking, team revenues, I will break it down for you. With swearing.
And if by the end of the two days I don't make this group tightly embrace a project like MANTRA, then I must know nothing!
See original
$OM OM Sales Summary: What Happened? The recent OM crash caused confusion within the community. A sudden sell-off led to a loss of 5.5 billion dollars in value. The cause of the event was a trader trying to manipulate prices on two different exchanges. This situation revealed that although some crypto projects like OM seem to have a high market value, they actually have weak liquidity. How Did It Crash? A trader sold a short position worth about 1 million dollars on Binance, pulling the OM price below 5 dollars. This sudden drop triggered a chain of liquidations. The trader continued to control the price by making new sales every 5 seconds. At the same time, there was nearly a 20% drop in the OKX spot market as well. What Did the Seller Do? The trader managed to hold the price steady for a while on the OKX exchange, activating market makers and arbitrage bots. Thus, during the decline, they were able to sell their OM tokens. What Is the Real Problem? The issue was not just manipulation; the real problem was that the market structure of OM was very vulnerable to such an attack. Despite appearing to have a high market value, even a small sale could lead to a significant crash. According to some, the trader's intention was not manipulation but rather a forced sale due to risk rules. However, even a small movement caused a major panic.
$OM OM Sales Summary: What Happened?
The recent OM crash caused confusion within the community. A sudden sell-off led to a loss of 5.5 billion dollars in value. The cause of the event was a trader trying to manipulate prices on two different exchanges.
This situation revealed that although some crypto projects like OM seem to have a high market value, they actually have weak liquidity.

How Did It Crash?

A trader sold a short position worth about 1 million dollars on Binance, pulling the OM price below 5 dollars.

This sudden drop triggered a chain of liquidations.

The trader continued to control the price by making new sales every 5 seconds.

At the same time, there was nearly a 20% drop in the OKX spot market as well.

What Did the Seller Do?
The trader managed to hold the price steady for a while on the OKX exchange, activating market makers and arbitrage bots. Thus, during the decline, they were able to sell their OM tokens.

What Is the Real Problem?
The issue was not just manipulation; the real problem was that the market structure of OM was very vulnerable to such an attack. Despite appearing to have a high market value, even a small sale could lead to a significant crash. According to some, the trader's intention was not manipulation but rather a forced sale due to risk rules. However, even a small movement caused a major panic.
--
Bearish
See original
$OM {future}(OMUSDT) Chart 4 hours Supports: 0.3700 USDT – The lowest level so far, strong support. 0.5000 USDT – Psychological support, horizontal movement area in the past. Resistances: 0.6216 USDT – Significant resistance at the EMA level. 0.6813 USDT – Previous peak, strong resistance. 0.6847 USDT – Bollinger upper band, strong resistance area. As long as these levels are not broken, the price may remain horizontal and under pressure. A substantial breakout is required for an upward movement.
$OM

Chart 4 hours

Supports:

0.3700 USDT – The lowest level so far, strong support.

0.5000 USDT – Psychological support, horizontal movement area in the past.

Resistances:

0.6216 USDT – Significant resistance at the EMA level.

0.6813 USDT – Previous peak, strong resistance.

0.6847 USDT – Bollinger upper band, strong resistance area.

As long as these levels are not broken, the price may remain horizontal and under pressure. A substantial breakout is required for an upward movement.
--
Bearish
See original
$PROMPT How much further will it go? It must turn back from somewhere..
$PROMPT How much further will it go? It must turn back from somewhere..
--
Bullish
See original
$ENA ... and still forced to opt for short
$ENA ... and still forced to opt for short
See original
--
Bearish
See original
$$ENA Probably a scam project. It behaves very differently from the market average. ..
$$ENA Probably a scam project. It behaves very differently from the market average. ..
See original
#MyFirstSquarePost New to Binance Square, looking forward to sharing and connecting with everyone here!
#MyFirstSquarePost New to Binance Square, looking forward to sharing and connecting with everyone here!
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