๐๐ฅ **OM (MANTRA DAO) surges ~34% today on Binance Square!**
The price rose from around $0.23 in the morning to $0.3135, with a strong push after breaking the "Bullish Engulfing" technical pattern.
The trading volume exceeded $319 million, indicating very high buying activity.
๐ Why the surge?
Optimism about a potential decrease in supply after the OM team's plans to burn 16.5% of the tokens.
Technical market momentum suggests a continued rise towards resistance levels at $0.34โ$0.36.
๐ก Summary:
OM shows a noticeable recovery today with strong data. It may be a suitable opportunity for day traders, but don't forget to use risk management strategies.
๐ฌ Do you see this as the beginning of a larger upward wave? Or just a temporary technical correction? Share your thoughts ๐
