$MANTRA Daily Update
Rejected hard at $0.00470 yesterday on heavy volume — classic liquidity grab. Daily closed +2% at $0.00455 with a long upper wick = sellers defending every rally.
Key levels:
🔴 Supply: 0.00465 – 0.00470
🟢 Demand: 0.00448 – 0.00450
⚠️ Below that: 0.00432
Price still under EMA50 (0.004615) → neutral-to-bearish short term.
On-chain is quiet though: staking sticky at 2.249B OM, no whale exits from validators. Patience game. 🧘
#mantra #RWA
Rejected hard at $0.00470 yesterday on heavy volume — classic liquidity grab. Daily closed +2% at $0.00455 with a long upper wick = sellers defending every rally.
Key levels:
🔴 Supply: 0.00465 – 0.00470
🟢 Demand: 0.00448 – 0.00450
⚠️ Below that: 0.00432
Price still under EMA50 (0.004615) → neutral-to-bearish short term.
On-chain is quiet though: staking sticky at 2.249B OM, no whale exits from validators. Patience game. 🧘
#mantra #RWA