Mantra is an L1 blockchain network that produces a bridge between TradFi and DeFi by providing the necessary infrastructure for tokenizing RWA.
💎 In the 1D time frame, it has encountered an increasing trend after exiting the descending channel.
💎 Currently, after reaching its previous major ceiling, it has faced increased selling pressure. Considering that the trading range is in the liquidity area, if the volume increases, it can grow up to the supply area with the increase in demand.
💎 Alternative scenario: if the supply zone breaks, it can have a correction up to the 0.39 zone, and if the trend continues, it will continue up to the green box zone.
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Total supply: 888,888,888 OM
Circulating supply: 793,991,274 OM
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Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support.
Best Regards,❤️
Alikze.
»»»«««»»»«««»»»«««
💎 In the 1D time frame, it has encountered an increasing trend after exiting the descending channel.
💎 Currently, after reaching its previous major ceiling, it has faced increased selling pressure. Considering that the trading range is in the liquidity area, if the volume increases, it can grow up to the supply area with the increase in demand.
💎 Alternative scenario: if the supply zone breaks, it can have a correction up to the 0.39 zone, and if the trend continues, it will continue up to the green box zone.
»»»«««»»»«««»»»«««
Total supply: 888,888,888 OM
Circulating supply: 793,991,274 OM
»»»«««»»»«««»»»«««
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support.
Best Regards,❤️
Alikze.
»»»«««»»»«««»»»«««
