OKX Suspends OM Accounts Following Discovery of Price Manipulation
OKX's Response to Price Manipulation: OKX has suspended trading and taken control of multiple accounts involved in manipulating the OM token's price, leading to a significant market drop and user losses on December 13, 2025.
Market Impact and Community Reaction: The manipulation resulted in a sharp decline in OM's price, with a 67.76% drop over 90 days, prompting criticism from community leaders like MANTRA's CEO regarding the timeline of OKX's actions.
Regulatory Implications: Ongoing investigations by regulatory authorities may lead to stricter oversight of cryptocurrency exchanges, potentially affecting trading volumes and liquidity for tokens like OM.
Current Market Status: As of December 13, 2025, OM trades at $0.07 with a market cap of $81.92 million, reflecting the token's volatility amid recent events and the broader implications for decentralized finance.
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Technical Analysis for
Technical Sentiment Analysis for () As of , () is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 0 technical signals, shows that 0 indicators are flashing buy, while 0 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
() Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | - | - | - | - | - | - | - |
| Fibonacci | - | - | - | - | - | - | - |
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