📈 Today’s Analysis of $OM ( MANTRA) 📉

Analysis Based on 1 day Time frame !

Recent Trend :

$OM is showing significant bullish momentum, rising 27.31% in the last 24 hours.

The current price is $4.27, with a 24-hour high of $4.45 and a low of $3.35, indicating strong intraday volatility.

Volume Profile :

Trading volume is substantial, with a 24-hour volume exceeding $1 billion, suggesting high market activity and interest.

Bullish Scenario :

If the bullish momentum continues:

Immediate Resistance: $4.45 (recent high).

Key Bullish Target: $5.00 (psychological level).

Extended Bullish Target: $5.50-$6.00 (potential rally zones based on current strength).

Bearish Scenario :

If there’s a pullback :

‱ Immediate Support: $4.00 (psychological support).

‱ Key Bearish Target: $3.50 (previous consolidation level).

‱ Extended Bearish Target: $3.00, where stronger support may be found.

Indicators to Monitor :

RSI: Watch for overbought signals above 70, which could indicate potential profit-taking.

Volume: Continued high volume on breakouts supports bullish continuation, while declining volume may signal consolidation.

Moving Averages: Short-term moving averages (like the 9 or 21 EMA) could serve as dynamic support during pullbacks.