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Mantra Price Trend: Support at $10 in Coming Weeks?

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by A1

3 hours ago


Mantra (OM) prices keep climbing higher, showing resilience against dipping. Experts note that OM could reach $10 within the next two weeks.

Analysis of OM's Recent Price Surge

OM’s price has been in an uptrend since November 2024, breaking past the $4.50 resistance in February 2025. Currently trading around $5.87, OM is following a pattern of 'higher highs' and an ascending trendline providing support for this bullish phase.

Technical Forecast and Target Predictions

The technical outlook points towards a potential move to $10, as predicted by Claire Jensen. A measured move projection indicates an expected gain of 69.67% with the current trend intact, achievable within 15 days. Momentum indicators suggest strong market interest with no major retracements.

Key Support and Resistance Zones

The key support zone for OM lies between $5.00 and $5.50. The next resistance is at $7.00–$7.50, breaching which could propel the price to $10. However, if OM dips below $5.50, it could drop to $4.50–$5.00.

While the price movements of OM look promising, watching trading volume will be crucial in assessing the potential for further growth.

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