Joert Hiller
August 9, 2025 8:40 AM
To -price acts at $ 0.28 with +3.08% daily profit, because technical indicators signal reinforcement momentum and key resistance levels come into the picture.
Fast
• To be traded at $ 0.28 (+3.08% in 24 hours) • Mantra’s MacD -Histogram shows bullish momentum reinforcement • No significant news catalysts encourage recent price action
What drives the Mantra price today?
The OM price movement in the past 24 hours seems to be mainly technically driven, without major news events or announcements that have influenced the mantra in recent days. The profit of 3.08% reflects a wider market sentiment and technical momentum instead of fundamental catalysts.
The trade volume on Binance Spot has reached $ 14.02 million in the last 24 hours, which indicates moderate interest, since Mantra consolidates above the most important advanced averages. The absence of important news suggests that traders position based on technical patterns and graphics formations.
For technical analysis: Bullish signals appear
Mantra Technical analysis reveals various encouraging indicators for bulls. The most mandatory signal comes from the MACD configuration of Mantra, whereby the Histogram reading of 0.0024 indicates the reinforcing Bullish Momentum. The MACD line at 0.0054 is well above its signal line at 0.0030, which confirms the positive trend direction.
To RSI currently reads 58.02 and Mantra positions on neutral territory with room for extra upward head before he reaches overbought conditions. This is how RSI level suggests that the recent rally has not yet reached exhaustion, which offers potential for continuous profits.
The stochastic indicators paint a more mixed image, with Mantras %K at 92.33 that indicates overbought conditions in the short term. However, the %D at 69.45 suggests that this overhead lecture can be temporary instead of signaling an immediate reversal.
Mantra’s position in the Bollinger bands shows promising momentum. The OM -price is a %B position of 0.6573, indicating that Mantra is traded in the upper part of its recent reach, but has not yet reached the extreme levels that usually reversed.
Mantra price levels: important support and resistance
On the basis of Binance Spot market data, various critical levels determine the trade range of Mantra. The OM/USDT pair is for immediate resistance to $ 0.37, with a stronger resistance placed at $ 0.40. A break above $ 0.37 Momentum could activate in the direction of the stronger resistance zone.
Mantra support levels offer clear guidelines for risk management for traders. Immediate support is $ 0.22 and coincides with the Lower Bollinger band. This level represents the first line of defense for bulls. If this level fails, Mantra becomes strong support at $ 0.19 critical and is just above the 52 -week low of $ 0.20.
The current pivot point at $ 0.28 is closely matching OM price promotion, which suggests that this level serves as an important decision point for the short-term direction. The average true range (ATR) of $ 0.03 indicates moderate volatility and offers reasonable profit goals for day traders.
Do you have to buy now? Risk-willing analysis
For momentum traders, the current Setup offers an attractive risk-remuneration profile. With $ 0.28 and immediate resistance to $ 0.37, the potential benefit of approximately 32% can be compared with the downward risk from around 27% to immediate support at $ 0.22.
Conservative investors must take into account the considerable distance to Mantra’s 200-day SMA at $ 2.78, indicating that token remains far below average in the longer term. This suggests a considerably upward potential or a fundamental shift in the Mantra valuation framework.
Swing traders can use the support level of $ 0.22 for the placement of Stop-Loss and are aimed at the $ 0.37 resistance zone. The neutral OM RSI -reading offers flexibility for the format of position, because Mantra has not yet reached overbought extreme extremes.
Day traders must follow the level of $ 0.29, which represents the 24-hour high and potential intraday resistance. A break above this level with volume could indicate continuation in the direction of the $ 0.32 upper Bollinger band.
Conclusion
The current technical attitude of Mantra suggests cautious optimism for the next 24-48 hours. The OM price for $ 0.28 is above the most important advanced averages in the short term with Bullish MacD momentum that supports further profit. However, the increased stochastic values justify the attention to possible withdrawals in the short term. Traders have to watch out for a break above $ 0.29 to confirm Bullish Momentum or a retreat to $ 0.27 support for possible buying options.
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