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OMUSDT

After a -90% Dump, MANTRA(OM) Finds Support!!!Today, I want to analyze the MANTRA ( BINANCE:OMUSDT ) projec t for you, which fell by more than -90% on April 13 . What is MANTRA(OM)? MANTRA (OM) is a DeFi + RWA (Real World Assets) focused project aiming to bring real-world assets like real estate and bonds on-chain. Built with the Cosmos SDK, it’s developing a purpose-built layer-1 chain to facilitate tokenization and institutional adoption of RWAs. The main crash reasons: Massive forced liquidations on exchanges 90% of the token supply reportedly held in a single wallet Rumors of a rug pull (which the team denied) Team Response: MANTRA’s team has launched an internal investigation Plans for buybacks and token burns are underway They reassured the community that team tokens remain locked and untouched ----------------------------------- Technical Analysis: Now let's take a look at the MANTRA(OM) chart on the 1-hour timeframe . After the fall on April 13, MANTRA(OM) reacted to the Heavy Support zone($0.45-$0.20) and started to rise again (upward correction) . From the perspective of Elliott Wave theory , MANTRA(OM)'s big fall can be considered as a main wave 3 , and it seems that MANTRA(OM) is completing a main wave 4 . The main wave 4 could be a Double Three Correction(WXY) . Since the momentum of the main wave 3 was high, there is a possibility that main wave 5 will be a Truncated type . I expect MANTRA(OM) to start rising from the Potential Reversal Zone(PRZ) and rise to at least $0.76(+30%) ( First Target ) and then attack the Resistance zone($1.10-$0.84) ( Second Target(+60%) ). Do you think the MANTRA(OM) project can return to its good days? Note: If the MANTRA(OM) falls below $0.500(Round Number), we can expect further declines. Please respect each other's ideas and express them politely if you agree or disagree. MANTRA Analyze (OMUSDT), 1-hour time frame. Be sure to follow the updated ideas. Do not forget to put a Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long
by pejman_zwin
15
OM Token Plunges 92% as MANTRA Initiates InvestigationOn April 13, MANTRA’s native token, OM, experienced a dramatic 92% drop in price, plummeting from over $7 to just $0.66. The sharp fall occurred around 18:28 UTC during a period of low market activity. This sudden crash erased most of OM’s recent gains, bringing the weekly loss to -89.73%. As of now, OM trades at $0.6591 with a daily decline of 9.68%. The token holds a market capitalization of $634.76 million, with 24-hour trading volume at $387.43 million, reflecting a 42.99% drop. MANTRA’s CEO, John Patrick Mullin, addressed the incident, clarifying that the collapse did not stem from any internal activity. He blamed the crash on “reckless forced closures” by centralized exchanges. Although no exchange was named, Mullin expressed concerns over the influence and decision-making power of these platforms, particularly during low liquidity windows such as Sunday evenings. In response to the unexpected decline, MANTRA launched an internal investigation to identify the root causes and verify the token’s current circulating supply. To restore investor confidence, the project also announced a token buyback and burn program. These actions aim to support holders and reinforce OM’s long-term stability. Technical Analysis The OM/USDT chart reveals aggressive selling pressure signaling panic selling. After peaking near $9.11, the price sharply reversed, erasing months of gains. The absence of any meaningful volume during the crash suggests that liquidity dried up rapidly, leading to cascading liquidations. The price now hovers around a potential psychological support zone, but sustained recovery will depend on renewed demand and market confidence.
CRYPTO:OMUSDShort
by DEXWireNews
Phemex Analysis #73: Pro Tips to Trade OM Upon the 90% CrashMANTRA (OM) experienced a dramatic price crash of over 90% last Sunday (April 13th). While many initially suspected a "rug pull" event, similar to what happened with Luna and FTX, OM Founder JP Mullin attributes the massive sell-off to forced liquidations at an exchange, triggering a panic sell-off. While the exact cause of this 90% crash is still unconfirmed, this volatility presents significant trading opportunities. We suggest that traders use smaller time frames, such as 1-hour or 15-minute charts, to identify more trading opportunities in this volatile situation. Here are possible scenarios on the 15-minute chart: Possible Scenarios 1. V-Shaped Recovery If strong buying pressure emerges and quickly pushes the price back up to pre-crash levels, it could signal a V-shaped recovery. This would indicate that the market has absorbed the sell-off and buyers are back in control. Pro Tips: Watch for large green candles with significant volume on the 15-minute chart, that rise above $0.89 or $1.0. Consider entering a long position on the breakout above key resistance levels ($0.89 & $1.0). Place a stop-loss order below a recent swing low to protect against a reversal. 2. Consolidation and Accumulation. The price may consolidate in a range after the crash, as the market tries to find a new equilibrium. This consolidation phase could represent a period of accumulation, where buyers are slowly absorbing the remaining supply. Pro Tips: Identify key support and resistance levels within the consolidation range, which is $0.89 to $0.73 or $1.0 to $0.55. Consider range-bound trading strategies, such as buying near support and selling near resistance. Alternatively, use Phemex Grid Bots to capitalize all the small price movement during the accumulation phase. 3. Further Decline If the selling pressure continues or new negative information emerges, the price could decline further. This scenario would be characterized by continued large red candles and a lack of significant buying interest. Pro Tips: Monitor key support levels ($0.73, $0.55 & $0.45); a break below these levels could trigger further selling. Consider exiting any long positions to avoid further losses. Be cautious about entering new long positions until a clear bottom has been established. Consider shorting opportunities if the price breaks down through significant support, but manage risk carefully. Conclusion The 90% crash in MANTRA (OM) has created a highly volatile trading environment. While the cause of the crash remains debated, the current market conditions offer substantial trading opportunities. By analyzing price action on smaller time frames, such as the 15-minute chart, and considering the scenarios outlined above, traders can potentially profit from both upward and downward price movements. However, it is crucial to exercise caution, manage risk effectively, and stay informed about any new developments related to MANTRA (OM). Pro Tips: Elevate Your Trading Game with Phemex. Experience unparalleled flexibility with features like multiple watchlists, basket orders, and real-time adjustments to strategy orders. Our USDT-based scaled orders give you precise control over your risk, while iceberg orders provide stealthy execution. Disclaimer: This is NOT financial or investment advice. Please conduct your own research (DYOR). Phemex is not responsible, directly or indirectly, for any damage or loss incurred or claimed to be caused by or in association with the use of or reliance on any content, goods, or services mentioned in this article.
by Phemex
Is Mantra OM The Next Luna?Hello, Skyrexians! This Monday was calm until the huge drop on BINANCE:OMUSDT has not interrupted us. In 1 hour price dropped more than 80% and now Mantra's holders are panicking is this coin scam or not. It's almost useless to have any strong technical analysis, but as we know this coin dropped because of rug pull. In case of Luna scam we have seen the infinite coins printing, so its price became 0. OM only has the negative news without any algorithmic issues. We can only apply Fibonacci levels on the log scale and we can see that there is a chance that this is only the wave A inside 2. If $0.2 will be held we can have a chance for the scenario on the chart, otherwise it's scam! Best regards, Skyrexio Team ___________________________________________________________ Please, boost this article and subscribe our page if you like analysis!
by Skyrexio
6
Breaking: MANTRA coin ($OM) Nosedived Nearly 100% Today MANTRA, a Security first RWA Layer 1 Blockchain, capable of adherence and enforcement of real world regulatory requirements that is Built for Institutions and Developers, offering a Permissionless Blockchain for Permissioned applications saw its native token Mantra Coin ( CRYPTOCAP:OM ) plummeted 94% today amidst falling out of a bearish symmetrical triangle. The bloodbath came as a shock as days ago it was sitting on a market cap of $6 Billion and major deals were iterated, including a $1 Billion tokenization pact with DAMAC. However, the main trigger was an allegedly suspicious 3.9M CRYPTOCAP:OM deposited (linked to team wallets) to OKX, fueling sell-off fears. Key Allegations Team controls ~90% supply – raising manipulation concerns. Undisclosed OTC deals – tokens reportedly sold at 50% discounts. Exchange liquidations – forced closures worsened the crash. However, Binance CEO Said: "OM CRYPTOCAP:OM 90% price crash was due to massive cross-exchange liquidations, tokenomics changes, and large token dumps". In response to an X post, the Mantra team said: "we want to assure you that MANTRA is fundamentally strong. Today’s activity was triggered by reckless liquidations, not anything to do with the project. One thing we want to be clear on: this was not our team. We are looking into it and will share more details about what happened as soon as we can." Technical Outlook As of the time of writing, CRYPTOCAP:OM is down 28.6% according to the 4 hour price chart. the asset is showing signs of a reversal but the diamond hands are weak prior the extreme token sell-off as hinted by the RSI at 11.51, this is extremely oversold with a possible reversal lurking around the corner, should the team figure out the cause of the bloodbath, CRYPTOCAP:OM might reclaim $1 zone and then possibly the $5 price point. With the market cap presently $697 million, CRYPTOCAP:OM has enough strength for a bounce back after the mainstream crypto market might have digest the news. MANTRA Price Live Data The live MANTRA price today is $0.719974 USD with a 24-hour trading volume of $2,499,155,492 USD. MANTRA is down 88.55% in the last 24 hours. The current CoinMarketCap ranking is #81, with a live market cap of $697,898,136 USD. It has a circulating supply of 969,337,399 OM coins and the max. supply is not available.
Long
by DEXWireNews
$OM MANTRA coin analysis Hi 👋🏻 it's me your " Raj_crypt0 " ..... 💚 will BINANCE:OMUSDT next KRAKEN:LUNAUSD " Yes , I hope so - 90% new High not possible I hope it's not possible " coin already got squeezed at $5/5.5 in weekly to 3 month time frame as weakness we can observe Upcoming downtrend 📉 target 🎯 is - $0.1 $0.1 / 0.0875 ...... 🎯 Support 💪🏻 let me meet u there 😂 " U have a question ⁉️ does ' alts season ' & ' BULL RUN ' completed - obviously 🙄 ' NO ' " CRYPTOCAP:TOTAL haven't reached 5T 🎯 - still season was around corner " Some coins complete early bull , some late _&_ some on time " nothing much ✔️
Short
by raj5_7_5
OMUSDT – Strength Amid Market WeaknessWhile the broader market sentiment remains weak, OMUSDT stands out with its relatively positive data and resilience. This kind of divergence often signals underlying strength—and in such cases, hedging with a long position can be a wise move when conditions align. 📌 Key Observations: Positive Relative Strength: Despite the general downturn in the market, OMUSDT shows signs of stability and strength, which can often precede an isolated bullish move. Blue Box Importance: The marked blue box represents a strong area of interest. If price consolidates here and gives valid lower time frame confirmations, it could serve as a launchpad for a long position. Hedging Perspective: In uncertain market conditions, strategic long setups like this can act as a hedge against broader downside risk, especially if risk is defined and entry is confirmation-based. 🧠 Smart Execution Plan: Wait for LTF Confirmation: Do not rush. Let the price show strength inside the blue box, such as reclaiming key micro-levels with supportive volume. Monitor Market Conditions: If the broader market turns, OMUSDT could outperform. Inversely, if the whole market sinks harder, a tight stop protects your downside. Adjust Quickly if Conditions Flip: If price breaks down the blue box with high momentum and fails to reclaim, the idea is invalid. We don't hold hope—we trade facts. I don't trade based on guesses. Every level you see is placed with professional precision based on carefully tested metrics. That’s exactly why my profile reflects one of the highest success rates around. I only trade setups that make statistical sense—and I always teach my followers to trade like professionals, not gamblers. Stick with the data. Stick with confirmation. Stick with me if you want to trade like a pro. 📌I keep my charts clean and simple because I believe clarity leads to better decisions. 📌My approach is built on years of experience and a solid track record. I don’t claim to know it all but I’m confident in my ability to spot high-probability setups. 📌If you would like to learn how to use the heatmap, cumulative volume delta and volume footprint techniques that I use below to determine very accurate demand regions, you can send me a private message. I help anyone who wants it completely free of charge. 🔑I have a long list of my proven technique below: 🎯 ZENUSDT.P: Patience & Profitability | %230 Reaction from the Sniper Entry 🐶 DOGEUSDT.P: Next Move 🎨 RENDERUSDT.P: Opportunity of the Month 💎 ETHUSDT.P: Where to Retrace 🟢 BNBUSDT.P: Potential Surge 📊 BTC Dominance: Reaction Zone 🌊 WAVESUSDT.P: Demand Zone Potential 🟣 UNIUSDT.P: Long-Term Trade 🔵 XRPUSDT.P: Entry Zones 🔗 LINKUSDT.P: Follow The River 📈 BTCUSDT.P: Two Key Demand Zones 🟩 POLUSDT: Bullish Momentum 🌟 PENDLEUSDT.P: Where Opportunity Meets Precision 🔥 BTCUSDT.P: Liquidation of Highly Leveraged Longs 🌊 SOLUSDT.P: SOL's Dip - Your Opportunity 🐸 1000PEPEUSDT.P: Prime Bounce Zone Unlocked 🚀 ETHUSDT.P: Set to Explode - Don't Miss This Game Changer 🤖 IQUSDT: Smart Plan ⚡️ PONDUSDT: A Trade Not Taken Is Better Than a Losing One 💼 STMXUSDT: 2 Buying Areas 🐢 TURBOUSDT: Buy Zones and Buyer Presence 🌍 ICPUSDT.P: Massive Upside Potential | Check the Trade Update For Seeing Results 🟠 IDEXUSDT: Spot Buy Area | %26 Profit if You Trade with MSB 📌 USUALUSDT: Buyers Are Active + %70 Profit in Total 🌟 FORTHUSDT: Sniper Entry +%26 Reaction 🐳 QKCUSDT: Sniper Entry +%57 Reaction 📊 BTC.D: Retest of Key Area Highly Likely 📊 XNOUSDT %80 Reaction with a Simple Blue Box! 📊 BELUSDT Amazing %120 Reaction! I stopped adding to the list because it's kinda tiring to add 5-10 charts in every move but you can check my profile and see that it goes on..
Long
by UmutTrades
FINAL LEG OF THE ZIGZAG CORRECTION ?Yello, Paradisers! Are we about to see the end of this correction, or is there still one more shakeout coming? Let’s break it down. 💎The market is currently unfolding within a Zigzag Correction (A-B-C) pattern, and we appear to be in Wave C the final leg of this structure. Wave A has already played out with a sharp downward move, followed by Wave B, which acted as a countertrend rally. Now, Wave C is in progress, forming the last phase of this corrective cycle. 💎Since this is a 5-3-5 Zigzag Correction, the third wave of Wave C has already developed, meaning the market is nearing a critical Demand Zone at 4.0283. This level is a strong support zone where a potential reversal could occur. If the price reacts positively from this area, it could mark the end of the correction and signal the beginning of a new bullish phase, starting Wave 1 of the next uptrend. 💎However, if the price remains trapped between the Moderate Support and Moderate Resistance zones, we may see an extended period of sideways consolidation before any decisive move. A key confirmation to watch is the RSI approaching oversold conditions, which would indicate that downward pressure is weakening and the probability of a bullish reversal is increasing. As always, Paradisers, the key to profiting in this market is waiting for high-probability setups. If this correction is indeed ending, the next move could be explosive. Stay sharp, stay disciplined, and trade smart! MyCryptoParadise iFeel the success🌴
Short
by MyCryptoParadise
2
#OM/USDT#OM The price is moving in a descending channel on the 1-hour frame and is adhering to it well and is heading to break it strongly upwards and retest it We have a bounce from the lower limit of the descending channel, this support is at a price of 5.92 We have a downtrend on the RSI indicator that is about to break and retest, which supports the rise We have a trend to stabilize above the Moving Average 100 Entry price 6.27 First target 6.66 Second target 6.97 Third target 7.41
Long
by CryptoAnalystSignal
OM | MANTRA | Bullish Cycle OVER?MANTRA has made leaps and strides towards a new ATH, whilst the rets of the market was trading lower for the past few weeks. But it seems the buying pressure has run out, if we take a look at the technical indicators. Interestingly enough, if we take a look at OM through the Weekly timeframe and we pull up the Fibonacci extension, the current cycle ended at exactly 2.618 - a significant marker in the Fib zones. It is said that, after reaching 2.618, a retracement to 0.786 is probable. This would put us roughly at the major previous resistance zone before the ATH breakout: The Moving Averages is another great place to watch for possible bounce zones: After this correction (which could go even lower) the price could potentially bounce back, as it gears up for a new ATH. I'd be looking to buy from the 0.786 and lower, possibly as low as the $2 mark. ________________________ OKX:OMUSDT
Short
by CryptoCheck-
#OM/USDT#OM The price is moving in a descending channel on the 1-hour frame and is adhering to it well and is heading to break it strongly upwards and retest it We have a bounce from the lower limit of the descending channel, this support is at a price of 6.64 We have a downtrend on the RSI indicator that is about to break and retest, which supports the rise We have a trend to stabilize above the Moving Average 100 Entry price 7.10 First target 7.48 Second target 7.71 Third target 8.00
Long
by CryptoAnalystSignal
Bearish Opportunity in OM1. We have price at key pd array as the Daily breaker block low 2. We have Inversion FVG H1 that acted as resistance as expected 3. We have structures shift in discount that will flip to new PREMIUM 4. We have draws as the sellside liquidities in H1 note: Significant changes were made in the tokenomics of MANTRA. therefore volatility is expected This pair is highly manipulated in Binance therefore taking this trade there is not recommended,
Short
by Sherman_Trades
1
OM Short Trade OpportunityMarket Context: OM appears to have completed its fifth wave upward, suggesting a potential correction phase. Weak macro fundamentals and liquidity on the downside indicate that a break of support could lead to further downside movement. Trade Details: Entry Zone: Around $7.7 Take Profit Targets: $7.0 $6.1 $5.4 Stop Loss: Daily close above $8.3 This setup aims to capitalize on a breakdown of support and capture momentum toward lower liquidity zones. 📉
Short
by Richtv_official
Can #OM Bulls Save the Day or Not? Bears Ready For a Showdown Yello, Paradisers! Is #OM gearing up for a massive breakdown, or will the bulls step in to save the day? Let's analyze the #Mantra's latest trade setup: 💎#OMUSDT is flashing clear warning signs of weakness after forming a classic bearish divergence on the 8H timeframe. While price made higher highs, the oscillator showed lower highs, signaling a loss of bullish momentum. This is a textbook setup for an impending reversal unless buyers step in aggressively. 💎The key level to watch is the $7.48 support zone—a critical area that bulls must defend. If OM closes a candle below this level, expect a sharp drop toward the $5.00 support, with an ultimate downside target of $3.17 if the selling pressure intensifies. 💎On the flip side, the bearish setup gets invalidated above $9.26. If bulls manage to break this resistance with strong volume, we could see #OM pushing higher. However, until that happens, the bias remains bearish, and lower levels look far more likely. The market is at a crucial tipping point—will #OMUSD crash or bounce? Let us know your thoughts in the comments. Are you shorting, or do you see a surprise rally coming? Let’s discuss. MyCryptoParadise iFeel the success🌴
Short
by MyCryptoParadise
5
#OMUSDT – Critical Breakout Zone📊 BYBIT:OMUSDT.P is consolidating after a strong impulse move, trading near POC ($7.5915), indicating liquidity accumulation. The price is currently trapped in a tight range, suggesting an imminent breakout in either direction. Recent high volumes indicate strong participation from major players. The question remains—will buyers push the price higher, or will sellers take control and drive it down? ⏱ 1H Timeframe ✅ Overview: ➡️ BYBIT:OMUSDT.P remains in a tight consolidation zone between resistance $7.8215 and support $7.3820. ➡️ POC ($7.5915) marks the high-volume area, making this range critical for the next move. ➡️ Price action within this zone may continue until a confirmed breakout occurs. ━━━━━━━━━━━━━━━━━━ ⚡ Long Plan: ➡️ Enter long above $7.8215 after a strong breakout and confirmation. ➡️ Stop-Loss at $7.7480—below the consolidation range. 🎯 TP Target: 💎 TP1: $7.9435 ━━━━━━━━━━━━━━━━━━ 📉 Short Plan: ➡️ Enter short below $7.3820 after confirming weakness. ➡️ Stop-Loss at $7.4740—above the nearest resistance. 🎯 TP Targets: 💎 TP1: $7.2595 💎 TP2: $7.1592 📢 If the price confirms a breakout above $7.8215, an upside move to $7.9435 is likely. 📢 Conversely, a breakdown below $7.3820 could lead to $7.1592. 🚀 BYBIT:OMUSDT.P is poised for a breakout—watch volume and direction closely!
by MoriartyTrading
OM/USDT Surges After Breakout: Next Stop $5?OM/USDT is showing strong bullish momentum after breaking out from the descending trendline, indicated by the red line. The price has recently made a sharp upward move and is currently trading above the support trendline, which suggests that the uptrend could continue. The price consolidated within the grey zone for a while, and after breaking above this, it surged higher, pointing to strong buying interest. The recent breakout indicates that we could see further upward movement toward the next resistance levels. The next potential target for OM/USDT is around the $5.00 level, with support from the trendline and previous breakout zones providing a solid base for the rally.
Long
by unichartz
2