Mantra (OM) Price Update: July Surge, Technical Momentum & Strategy Insights

OM Recent Price Trend Review

Chart: https://www.gate.com/trade/OM_USDT

By helping restore investor confidence in the market, this marks a notable rebound from the early-year low of 0.14 USDT. Gate data indicates that as of July 28, 2025, OM traded within a range of 0.2715–0.2822 USDT. Over the previous 24 hours, OM gained approximately 1.42%, with a trading volume of 8.99 million OM and a turnover of about $2.49 million.

Core Drivers Behind the Price Increase

1. Market-Wide Recovery: The recent upward movement and volatility in Bitcoin and Ethereum have provided momentum for altcoins. As a long-standing project, OM has benefited from this positive shift in market sentiment.
2. Sustained Communication from Project Team: The OM team has consistently shared technical progress via social media, including improvements to the staking module and adjustments to the governance mechanism, which has reinforced community trust.
3. Significant Capital Inflows at Lower Levels: Following several rounds of declines, OM attracted considerable buying interest at lower prices, especially below 0.25 USDT, where trading activity surged and a technical support band formed.

Technical Patterns and Short-Term Outlook

Technical analysis shows OM broke out above its 20-day moving average on the daily chart, signaling the early stage of a bullish trend. Since mid-July, the MACD indicator has displayed a bullish crossover with rising volume, a sign of strengthening buyer demand. Additionally, the Bollinger Bands have widened, indicating increased volatility and favorable conditions for further short-term advances.

If OM holds above 0.27 USDT, its next target will likely be the previous high near 0.30 USDT. If a short-term correction occurs, traders may find key support between 0.255 and 0.26 USDT.

Risk Disclosures and Market Outlook

Despite the current positive trend, new investors should be aware of the following risks:

• Market Downside Risk: If Bitcoin or the broader crypto market weakens, OM could experience a correlated decline;
• Liquidity Risk: Some smaller exchanges may see low trading volumes and wider bid-ask spreads, impacting trade execution and overall experience;
• Macroeconomic Uncertainty: Federal Reserve interest rate hikes or major policy shifts could also lead to short-term market adjustments.

Looking ahead, if the OM team advances ecosystem development as planned and overall market conditions remain favorable, OM could test the 0.35–0.40 USDT range.

Recommendations for New Investors

For users just entering the crypto market, consider these investment guidelines:

• Establish Positions in Increments: Accumulate gradually at the 0.26 USDT and 0.24 USDT levels;
• Consider Setting Strict Stop-Loss and Take-Profit Rules: Set a stop-loss at 0.23 USDT and take-profit targets between 0.32 and 0.35 USDT;
• Stay Informed: Monitor official OM announcements, on-chain metrics, and community engagement. These are vital indicators for price movement.

The above analysis can help investors navigate OM’s price dynamics and make informed trading decisions.