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Technical analysis by Skyrexio about Symbol OM on 4/9/2025

https://sahmeto.com/message/3414546
Skyrexio
Skyrexio
Rank: 4834

Is Mantra OM The Next Luna?

Neutral
Price at Publish Time:
$6.28
،Technical،Skyrexio

Hello, Skyrexians!This Monday was calm until the huge drop on OMUSDT has not interrupted us. In 1 hour price dropped more than 80% and now Mantra's holders are panicking is this coin scam or not. It's almost useless to have any strong technical analysis, but as we know this coin dropped because of rug pull. In case of Luna scam we have seen the infinite coins printing, so its price became 0. OM only has the negative news without any algorithmic issues.We can only apply Fibonacci levels on the log scale and we can see that there is a chance that this is only the wave A inside 2. If $0.2 will be held we can have a chance for the scenario on the chart, otherwise it's scam!Best regards,Skyrexio Team___________________________________________________________Please, boost this article and subscribe our page if you like analysis!

Source Message: TradingView
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