OM Price Rebounds 65% After 94% Crash — What’s Next for MANTRA?

After a massive 94% OM price crash, MANTRA (OM) has returned to the spotlight. Despite the steep drop, the OM has already bounced nearly 65% from the bottom, sparking fresh hope among traders. The big question now is, can OM keep this momentum going and stage a real MANTRA recovery, or is this just a temporary reaction after the selloff?

Team Response Helps Calm the Storm

Much of the panic around the OM price crash was tied to fears of insider selling, but the MANTRA team quickly stepped in to clear the air. They confirmed that no core team members, advisors, or investors dumped tokens and that the tokenomics remain fully intact. According to the team, the OM price crash happened during a low-liquidity window on Sunday, not from any breach of trust. While that helped reduce some of the fear, many in the community are still waiting to see what steps the team will take next to support a MANTRA recovery.

Can OM Build Enough Trust for a Real Recovery?

Some are now eyeing a possible 328% rally if key levels hold, but that kind of bounce depends on more than just hype. It’s going to take clear communication from the team, steady volume, and price confirmation for any real MANTRA recovery to stick. For now, it seems OM needs a few more days to settle before making a strong move either way. With the noise starting to fade, the best way to understand what’s next for the OM price is by zooming into the short-term chart.

OM Price Action Analysis of April 15th, 2025

The OM/USDT 5-minute chart shows a strong bearish trend early on, marked by a descending channel that guided the price steadily downward. A decisive breakout occurred below the key support level at $0.565, confirming bearish control. However, this move was short-lived, as the price quickly rebounded, reclaiming the support zone with a sharp spike, suggesting a bear trap or liquidity sweep. This recovery shifted sentiment briefly bullish, as RSI bounced from oversold levels and even entered overbought territory twice post-recovery. 

Chart 1, Analyzed by Alokkp0608, published on April 15th, 2025

However, the failure to break above the $0.756 resistance zone saw price action stabilize in a tight range. MACD golden crosses supported the upside attempt but were quickly overshadowed by successive death crosses, signaling weakening bullish momentum. Following the spike, OM entered a consolidation phase between $0.56 and $0.65, showing indecisiveness near the reclaimed support. The RSI is currently around 39, suggesting the asset is leaning toward bearish territory again.

MACD remains neutral but slightly bearish, with recent death crosses outweighing the prior golden cross. The price continues to respect the support zone but lacks the momentum to test higher resistance levels. This tug-of-war near the mid-range reflects uncertainty among traders. OM may continue ranging between $0.56 and $0.65 unless a volume-backed breakout emerges. A move above $0.65 could open room to test $0.756, while a breakdown risks revisiting lower support zones.

Can OM Turn the Corner?

After such a dramatic OM price crash and a sharp bounce, OM finds itself in a wait-and-see zone. The panic may have cooled, but traders are still cautious. The team’s quick response helped ease concerns, but the real test now is whether they follow through with clear steps to support a sustainable MANTRA recovery. On the chart, OM is stuck between support and resistance, and indicators aren’t giving a strong signal either way. Until buyers step in with volume or the team delivers more clarity, OM might just keep moving sideways. For now, all eyes are on the $0.65 resistance and $0.56 support to see which side breaks first.

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