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OM Prepares Recovery Catastrophic Crash · 2,000% Easy Potential 🤯🕉️
$OM
OM
0.2789
+4.02%
OMUSDT
Perp
0.27885
+3.85%
MantraDAO (OM) performed a catastrophic crash in April and the bottom was hit in June. Keep in mind that it doesn't matter how hard a project crashes, it tends always to recover.
Once upon a time Solana produced a major, major crash and people started to run away. I saw this as an amazing opportunity and recommend buy for Solana when it was below $20 and guess what happened next? Solana is today one of the top performers.
When a project produces a very strong crash, for one reason or the other, it tends to recover strongly at the next market cycle. The action tends to move back to the previous high or the baseline.
OMUSDT found support exactly where there was a stop in February 2024. The launchpad for the final leg-up of the previous bullish cycle. When I saw this same level activated perfectly, it called my attention. What do you see?
Resistance (the last high) turns into support. Support (February 2024) stays support. Long-term support tends to work over and over and here we have a long-term one.
The action short-term has already many of the classic reversal signals. After the main drop in April we had some lower lows as an ending diagonal. Then the main low is followed by a higher low, rising volume and marketwide action heating up.
It is here...
We are here...
It is happening now...
Crypto is going up.
Prepare for the ride, prepare for the profits and prepare for the fun.
It will be wild... You will be extremely happy with the results.
MantraDAO is set to grow.
Buy when prices are low.
Namaste.
#notcoin BuiltonSolayer #IPOWave BTCUnbound #CFTCCryptoSprint