- Trending Altcoins: OM holds range (~$6.35), MOVE attempts rebound (~$0.38), WAL drops >7% (~$0.51)
- OM Key Levels: Support $6.25/$6.30, Resistance $6.40/$6.44
- MOVE Levels: Support ~$0.37, Resistance ~$0.395; WAL Levels: Support ~$0.49, Resistance ~$0.525
CoinGecko’s trending list has featured OM (MANTRA), MOVE (Movement), and WAL (Walrus), drawing trader attention due to volatility and reactions at critical price levels.
While OM held steady with minor gains, MOVE attempted a breakout, and WAL saw notable losses, reflecting mixed altcoin sentiment.
OM (MANTRA): Tight Range, Mild Bullish Bias Below $6.44
OM traded within a relatively narrow range between $6.25 and $6.44. The price bounced from the intraday low of $6.25, reclaiming $6.35 by the session’s end, hinting at mild bullish sentiment below resistance near $6.44. Support formed around $6.25 and $6.30, successfully defended on multiple dips. Resistance emerged near $6.40 and the $6.44 peak, capping several rally attempts.
The slight recovery suggests potential for continued momentum unless rejected again at resistance. Failure to hold $6.30 could risk a retest of $6.25 support.
MOVE (Movement): Volatile Rebound Tests $0.395 Resistance
MOVE saw a volatile 24 hours between $0.3692 and $0.395. After peaking near $0.395, the price dropped sharply to $0.3692 before rebounding towards $0.3818. This action established support near $0.3692 and the $0.3740–$0.3750 zone, while resistance formed around $0.3900–$0.3950 where previous rallies stalled. The recent rebound created a potential higher low pattern, possibly signaling upward continuation.
A breakout above $0.395 could trigger fresh buying, whereas a drop below $0.3692 might strengthen bearish momentum.
WAL (Walrus): Sharp Decline, $0.492 Support Critical
WAL declined sharply, losing over 7% during the analyzed session. Opening near $0.5657, it fell to $0.4922 before a minor recovery, closing near $0.5102, well below the high. Support appeared at the $0.4922 low and the $0.50 zone, while resistance lies near $0.5200 and the $0.5650 high. Downward pressure remained dominant despite the late bounce.
Sellers may continue defending levels below $0.5250; if the $0.4922 support breaks, further losses are likely. Conversely, a move above $0.5250 could shift short-term sentiment bullish.
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