📈 You need to follow this altcoin very closely! $OM
🔜 The MANTRA (OM) had a truly explosive start to the year thanks to the break of the bearish trendline!
🔍 It shows several thousand percent increase in 2024! While Bitcoin hesitates, OM continues to be very solid…
OM situation weekly:
📊 Well, the price is clearly bullish: it is evolving beyond the bearish trendline, and above the moving averages (EMA13/MA30). Also, the stochastic is stuck to the overbought zone, and as long as that is the case, it means that the bulls have the upper hand!
Buy signal:
🔜 the close above the last high at $1.09 gave a bullish signal
🔜 valid as long as the price does not close below the last low at $0.63
Targets:
💸 Fibonacci extensions 1.618 and 2: between $1.53 and $1.9
💸 Fibo extension 2.618 at $2.65
🔜PS: If you like this kind of technical analysis, let me know by posting reactions below ⬇️
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⚠️NFA DYOR