The token MANTRA (OM) stands at 0.3987 USD with a slight daily growth of 0.77%, showing signs of activity in the bull and bear market of DeFi and Web3. Summary Current state of the token OM (Mantra) Trend of the OM token price (Mantra): technical analysis Bullish scenario: what could make OM rise Bearish scenario: the risks for the price Current state of the token OM (Mantra) “`html The OM token of MANTRA is currently trading at 0.3987 USD, with a market capitalization of approximately 382.5 million dollars and a 24-hour trading volume of 188.9 million USD, up by 68.61%. This increase in volumes indicates a renewed interest from investors. “` The sentiment of the community appears divided: 59% of users express a bull view, while 41% maintain a bear position. The buyers’ dominance index suggests a slight prevalence of buyers. Main fundamental data: Market Cap / TVL: 30,164.68 (extremely high value, indicative of a low Total Value Locked compared to the capitalization) Circulating supply: 959.24 million OM out of a total of 1.66 billion FDV (Fully Diluted Valuation): 665.68 million USD CoinMarketCap profile score: 66% Trend of the OM token price (Mantra): technical analysis The daily chart shows an initial bear phase followed by a clear trend reversal. The price hit a low near 0.379 USD, then bounced back up to 0.420 USD, before consolidating in the current area. This behavior suggests a strong support zone around 0.38 USD and a visible resistance around 0.42 USD. Key indicators: Increasing volume: possible signal of accumulation Short-term bullish trend: series of rising lows Possible breakout: if the resistance at 0.42 USD is surpassed, it could trigger a rally towards 0.45–0.48 USD Bullish scenario: what could make OM rise In the current context, several elements could support a bull trend: Increase in trading volume: signal of greater institutional or retail interest. Strategic positioning of Mantra in Web3: the project offers governance and staking tools, increasingly sought-after elements. Partnership and future announcements: potential DeFi collaborations could attract capital. Breakout of the resistance at 0.42 USD: it would lead the price to higher levels, potentially up to 0.48 USD. Bearish scenario: the risks for the price However, there is no shortage of risks that could push the OM token downwards: High FDV compared to TVL: it could indicate overvaluation in the long term. Selling pressure after recent rises: short-term traders might take profits. Possible technical rejection at 0.42 USD: it could trigger a return towards 0.38 or even 0.36 USD. Negative macro sentiment: a Fed tightening or crashes in the crypto markets could weaken OM. The MANTRA token (OM) is at a critical point, with moderately positive technical signals but key resistances still to overcome. The increasing volume and positive community sentiment indicate a potential continuation of the bull trend, but the macro and technical risks remain significant. Exceeding the threshold of 0.42 USD will be crucial: from there, a new, more sustained bull phase could start. Otherwise, watch out for the support levels around the 0.38 USD area.