MAGHFARUDDIN

Technical analysis of the BTC/USDT chart on the 4-hour (4H) time frame based on the screenshot you sent:

1. Current Price
Last price: 87,996.50 USDT
Increase: +4.33% in the last 4H

2. Bollinger Bands (BB) Indicator
Upper Band (UP): 87,964.20 → The price is currently above the upper band, indicating overbought conditions or a bullish breakout.
Middle Band (MB): 85,499.80
Lower Band (DN): 83,035.41
Conclusion: Strong breakout above the upper band — this is a bullish momentum signal, but also be cautious of potential short-term corrections.

3. Relative Strength Index (RSI)
RSI(6): 79.35 → Overbought
RSI(12): 73.65 → Overbought
RSI(24): 65.02 → Starting to approach overbought territory
Conclusion: RSI indicates very high buying pressure, but is usually followed by slight corrections or consolidations.

4. Volume
Volume increased sharply → Confirms that this upward movement is supported by strong market participation, meaning this breakout is valid.

5. Moving Average (MA)
MA(5): 84,841 → The price is quite far above MA(5)
MA(10): 83,141 → Wider distance, strong uptrend signal but could be too fast
Conclusion: Uptrend confirmed, but there is a possibility of slight retracement to the MA(5) or MA(10) area.

6. Conclusion & Projection for the Next 4 Hours
Scenario 1 (Continued Bullish): If this breakout continues, the price could break through 88,500 and head towards 89,000 - 90,000.
Scenario 2 (Slight Correction): Due to high RSI & already far from MA, a correction to the area of 86,500 - 85,500 is still reasonable.
Short-term support: 86,321 and 85,114
Nearest resistance: 88,500 and 89,000

#BTCRebound #BTC

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$OM Drastic Decline and Increased Trading Volume @MANTRA

#DISCLAIMER: Currently, Mantra (OM) has recorded a price drop of more than 87% in the last 24 hours, with the last price reaching $0.7861. This event was triggered by insider sell-off allegations, which made many investors stay away. However, despite the sharp price drop, trading volume has surged extraordinarily, increasing by up to 2994%. This increase in trading volume indicates extreme volatility in the Mantra (OM) market, which could create opportunities for those willing to take risks.

Analysis & Price Prediction for Mantra (OM) 2025-2030
Year Low Potential ($) Average Potential ($) High Potential ($)
2026 $0.8049 $2.0124 $3.2198
2027 $1.2878 $3.2198 $5.1517
2028 $2.0605 $5.1517 $8.2428
2029 $3.2969 $8.2428 $13.1885
2030 $5.2751 $13.1885 $21.1016

For investors and traders interested in Mantra (OM), the current relatively low price may offer a buying opportunity, but with quite high risks. With the potential for a broader cryptocurrency market recovery and the growing use of Mantra (OM) in real-world asset tokenization, this coin could be an attractive option in the long term.

However, it is important for investors to exercise caution given the high volatility and only invest according to their risk tolerance. A wise buying strategy and portfolio diversification could be safer steps.

CEO @MANTRA , John Mullin, spoke out in response to community concerns after the price of the OM token plummeted by 90% on Monday (April 14, 2025) morning, raising worries about the project.

Quoted from a Cointelegraph report, Mullin emphasized that Mantra together with its partners is currently formulating a recovery strategy for the token $OM . Although no final details regarding the buyback or token burn plan have been disclosed, he assured that recovering the value of OM is the team's top priority at this time.

"We are still in the early stages of drafting a buyback plan for this token," said Mullin. "Recovering OM is our main focus right now."

It is important to note that the price of OM suddenly dropped from around US$6.34 to a daily low of US$0.42 before rebounding to US$0.89. This decline caused the market capitalization of the token to fall by US$878.4 million in just one day. As of this article's writing (April 15, 2025), the current price of OM is trading around US$0.61 with a decrease of about 12% in the last 24 hours. The current market capitalization sits at US$595 million.

Haiii