$OM (MANTRA) Ups and Downs
Last week, the price unexpectedly surged to its all-time high of $4.99. But now, a pullback is happening. It's interesting to see how people link the rise of OM and the fall of $BTC to China and the launch of DeepSeek. As always, hype around new things creates market panic, which can lead to poor trading decisions.
Quick analysis of OM (MANTRA) today:
- Current Price: $4.5
- 24-Hour Price Change: down 1.6%
- Short-Term Analysis: In the next few days, the price will likely keep falling and fluctuating between $4.35-$4.7. However, there’s a support level forming at $4.6.
- Mid-Term: Despite the pullback to $4.5, the upward trend is still intact. A correction might happen in 1-2 days, but the overall sentiment remains positive.
- Long-Term: The price is currently adjusting after the sharp rise and pullback. However, the trend is still upward. A clearer picture will form in 2-3 days.
If OM stabilizes around $4.6 soon, the trend may correct itself.
It’s nice to see that OM’s price isn’t tied to BTC’s deep decline right now. OM seems to have its own path of growth, development, and price changes. Don’t give in to panic or unhealthy optimism either.
Always DYOR! 😊
