Market Overview for MANTRA/Bitcoin (OMBTC) on 2025-09-13

• MANTRA/Bitcoin (OMBTC) drifted higher, closing at 1.94e-06 after a 15-minute candle bullish reversal from 1.91e-06.
• Volume surged 10.6x during the 21:30–21:45 ET range, with price consolidating near a 1.92e-06–1.95e-06 consolidation band.
• RSI showed a mild overbought signal near 62, while MACD trended higher with positive divergence.
• Bollinger Bands widened during the late New York session, suggesting increased volatility.
• Turnover spiked during the overnight session, coinciding with a 1.94e-06 close near the session high.

Price Action and Structure

MANTRA/Bitcoin (OMBTC) opened at 1.87e-06 on 2025-09-12 12:00 ET and closed at 1.94e-06 on 2025-09-13 12:00 ET, forming a bullish consolidation pattern. The 24-hour high was 1.95e-06, and the low was 1.86e-06. Price action revealed a key support level around 1.91e-06 and a resistance cluster between 1.94e-06 and 1.95e-06. A bullish engulfing pattern formed at 09:30–09:45 ET, indicating buying pressure. A doji appeared at 15:45–16:00 ET, signaling indecision. The price appears to be consolidating ahead of a potential breakout.

Moving Averages, MACD & RSI

On the 15-minute chart, the 20-period and 50-period moving averages both trended upward, with the 50-period line acting as support during a 1.92e-06 bounce. The MACD crossed above the signal line and remained positive, suggesting sustained bullish momentum. RSI reached a peak of 62, indicating a mild overbought condition, but did not exceed 70, suggesting the rally may not yet be exhausted. A divergence appeared between the RSI and price during the 09:00–09:30 ET session, pointing to potential consolidation.

Bollinger Bands and Volume

Bollinger Bands expanded during the late New York session, reflecting heightened volatility. Price remained within the upper band for much of the session, suggesting strength. The highest volume spike occurred at 21:30–21:45 ET, where 16,460.1 units of OMBTC were traded, coinciding with a price move to 1.91e-06 after a brief pullback. The volume profile remained elevated in the overnight and early morning hours, with multiple zero-volume candles later in the session, indicating reduced participation.

Fibonacci Retracements

Fibonacci retracement levels were applied to the 1.86e-06–1.95e-06 swing. Key levels include 61.8% at 1.92e-06 and 38.2% at 1.90e-06. Price tested the 61.8% level on two separate occasions but failed to break through. A retest of the 38.2% level may trigger a pullback or a breakout. On the daily chart, the 200-period MA is approaching 1.90e-06, which may act as a key pivot in the next 24 hours.

Backtest Hypothesis

The backtesting strategy focuses on identifying breakouts from consolidation patterns using volume-weighted average price (VWAP) and Fibonacci levels. A long entry is triggered when price closes above the 61.8% Fibonacci level with above-average volume, while a stop-loss is placed below the 38.2% level. The RSI and MACD confirm the momentum, and Bollinger Bands provide volatility context. This strategy would have captured the late session rally from 1.91e-06 to 1.94e-06, particularly during the 21:30–21:45 ET high-volume surge.