Mantra's -90% Liquidation event: Why Market-Wide Danger LoomsLast night (April 13th) the Mantra (OM) project saw its market capital drop from $6.11B to $419m!
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From the team
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JP Mullin (CEO of @MANTRA_Chain) remarks at BTCON RWA Summit today on CRYPTOCAP:OM price act
FINAL LEG OF THE ZIGZAG CORRECTION ?Yello, Paradisers! Are we about to see the end of this correction, or is there still one more shakeout coming? Let’s break it down.
💎The market is currently unfolding within a Zigzag Correction (A-B-C) pattern, and we appear to be in Wave C the final leg of this structure. Wave A has already played
Where Can We Rebuy OM? (1W)After the heavy drop, it became evident that a bearish trend had started, and the price is now seeking high-liquidity (buy) zones.
Based on the chart, the green zone stands out as the best area for a potential rebuy — it could launch the price upward by 100% to 500%.
Reaching this zone may take se
a river no trader wants to cross.NASDAQ:OM is teetering.
The waves down are forming — a river no trader wants to cross.
Downtrend confirmed.
Liquidity zones broken.
Fibs point to 0.23.
You’ve been warned.
🩸⚔️
**Technical damage is real:
•OBs (Order Blocks) flipped bearish
•FVGs (Fair Value Gaps) wide open below
•No real bullish
After a -90% Dump, MANTRA(OM) Finds Support!!!Today, I want to analyze the MANTRA ( BINANCE:OMUSDT ) projec t for you, which fell by more than -90% on April 13 .
What is MANTRA(OM)?
MANTRA (OM) is a DeFi + RWA (Real World Assets) focused project aiming to bring real-world assets like real estate and bonds on-chain. Built with the Cosmo
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