Mantra's house of cards: 91% in red, new wallets don’t want in - Will OM survive?

OM extends its decline with weak demand, rising whale control, and heavy underwater losses.

• Mantra’s Large Transaction Volume declined 24.34%, pointing to weakening institutional participation amid the sell-off.
• 91% of OM holders remain at a loss, while short positions build near $0.25.

Mantra [OM] dropped by over 12% in a single day to trade at $0.2516, deepening a decline that began in early April and wiping out months of gains. 

In fact, OM’s fall from above $8 has shown no meaningful recovery. Price now consolidates within a tight range, with low volume and momentum.

Despite this prolonged downtrend, indicators like the Parabolic SAR and Stochastic RSI still show no clear bullish signal. Can the token survive this brutal correction, or is more downside inevitable?