๐๐ $OM Price Eyes 230% Rally If It Clears This Key Resistance ๐๐ฅ
๐ MANTRAโs Explosive Growth: MANTRA (OM) surged 210% last month, sparking optimism for another rally. Positive technicals suggest OM could triple its value if momentum holds.
๐ Consolidation and Resistance: After a 234% rally in November, OM is consolidating between $3.50 and $4.2. Breaking the $4.23-$4.53 resistance zone could trigger a bullish trend.
๐ก Bullish Indicators: RSI at 59 signals a shift to bullish momentum, while the Awesome Oscillator shows green histograms, reinforcing a positive outlook.
๐ Bull Flag Pattern: OMโs price action forms a bull flag, projecting a breakout target of $11.40 if the pattern holds. The 234% rally adds to the bullish potential.
๐ Strong Fundamentals: Reduced exchange supply and increasing non-exchange holdings show rising investor confidence. Experts predict OM could hit $12, but caution is advised due to market volatility.