Mantra crypto soared 65% in a day but whales haven't trimmed their exposure - Is there a likely continuation of the uptrend?
Mantra crypto led the RWA tokenization sector during the weekend pump. Its native token,Interestingly, whales maintained their positions despite the triple-digit rally, suggesting bullish conviction for likely extra gains. Can late bulls still enjoy the party?On the 12-hour chart, the recent uptrend has seen massive market re-entry through price imbalances .
If the trend continues, traders can eye the FVG above $3.5 or $2.6 with bullish targets at $5.2 or $6. That said, the stochastic RSI was already in the overbought zone, while OBV hit a record high. This meant OM saw strong buying pressure despite a potential price reversal.Whales’ long positions on OM supported the bullish conviction and aforementioned long positions ideas.
This suggested that whales were confident of more upside potential and didn’t opt to book profit early enough.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Lower cards another 65 to lead Bermuda ChampionshipJustin Lower had another 6-under 65 without taking advantage of the par 5s on Friday, giving him a two-shot lead going into the weekend at the Butterfield Bermuda Championship.
Read more »
Former B.C. premier John Horgan dies aged 65, after third bout with cancerVICTORIA — Ambassador to Germany and former British Columbia premier John Horgan has died at the age of 65, after his third bout with cancer. Horgan served as B.C.
Read more »
Single-vehicle crash on Highway 417 in Ottawa leaves driver,65, deadAn Ottawa driver has died following a single-vehicle crash on Highway 417 Friday afternoon, according to the Ontario Provincial Police (OPP).
Read more »
Former B.C. premier John Horgan, who connected with people, dies at 65VICTORIA — John Horgan would often say he believed most people in British Columbia were New Democrats deep down but they just didn't know it yet.
Read more »
Justin Lower shoots another 65 and leads Bermuda ChampionshipSOUTHAMPTON, Bermuda (AP) — Justin Lower had another 6-under 65 without taking advantage of the par 5s on Friday, giving him a two-shot lead going into the weekend at the Butterfield Bermuda Championship.
Read more »
Yin Ruoning shoots 65 to win in Malaysia, Thitikul finishes second againKUALA LUMPUR, Malaysia (AP) — Starting her final round in a three-way tie for the lead, Yin Ruoning shot a 7-under 65 on Sunday to win the LPGA Tour’s Maybank Championship in Malaysia by one stroke for her second title this month.
Read more »