OM Rallies
Price surge: OM rallies 34.0% to $0.0617 with strong net inflows and $204M trading volume
Technicals: RSI neutral at 65, MACD bullish, key resistance at $0.05 and $0.40, support at $0.043
Catalysts: OM to MANTRA rebranding with 1:4 split, $25M buyback, Dubai VASP license, and DAMAC $1B real estate tokenization partnership
Market Status
OM has surged 34.0% to $0.0617, driven by strong investor demand and a 24-hour trading volume of $204 million
Net inflows into OM indicate growing market confidence amid rebranding and strategic developments
The token is trading above key moving averages, signaling short-term bullish momentum
Driving Factors
MANTRA rebranding from OM includes a 1:4 token split, increasing accessibility and potential for broader adoption
$25 million buyback program to reduce circulating supply and support price stability
Acquisition of Dubai Virtual Asset Regulatory Sandbox (VASP) license strengthens regulatory compliance and global credibility
Strategic partnership with DAMAC for $1 billion real estate tokenization initiative 
Trading Strategy
Traders may consider long positions with stop-loss near $0.043 support and take-profit targets near $0.40 resistance
MACD bullish crossover supports upward price momentum, while RSI at 65 indicates room for further upside
Risk Warning
Market remains volatile; regulatory and macroeconomic factors could impact sentiment
Resistance at $0.40 may pose a challenge for sustained breakout
DYOR