$OM OM Faces a Bearish Test
MANTRA (OM) is encountering a clear bearish phase, reflecting mounting pressure as selling interest overpowers its recent momentum and challenges its fundamental narrative.
This is evident as OM breaks below key support levels, often on rising volume, indicating sustained distribution. Progress in its core focus—real-world asset (RWA) tokenization and compliant DeFi—may be slowing, dampening investor enthusiasm. Furthermore, as a sector-specific token, OM is highly sensitive to any risk-off sentiment in the broader cryptocurrency market, which can trigger outsized withdrawals.
Ultimately, these conditions suggest a period of consolidation or further decline is likely until both technical structure and ecosystem catalysts show renewed strength.$PIPPIN $POWER
