OM Broke out of Descending Channel

OM is looking stellar with a nice breakout of the descending channel and also a back test on the 4 hour with a long wick. Looking to see the $0.50 spot hit and retest of the R1. The R1 should not be too difficult to get through, however, I do see in my opinion that the R1 may be difficult to hold support. Once the R1 is held as support, further upside to potentially the R5 would be my personal target.

Mantra DAO is Defi that is built on the Rio Chain and will be a part of the polkadot ecosystem. They feature all sorts of features from staking, lending, borrowing. With only 888,888 max supply of coins and 31% interest staking your OM token, this is a good way to make passive income in my opinion. The team does airdrops and buy backs also to help grow their product. In my opinion, Mantra DAO is going to do very well this year.