Harmony Is Building Momentum
Harmony (ONE) is down 4.9% to $0.01056 this week, underperforming the broader crypto market, where Bitcoin (BTC) has slipped 1.9% to $115,265. Traders are cautious ahead of Fed Chair Jerome Powell’s speech on Friday, concerned he may maintain a hawkish tone after a string of strong U.S. macroeconomic data. Still, some hope for a dovish surprise that could reignite BTC’s rally toward $150,000 and lift altcoins along with it.
Harmony is positioned near strong support at $0.01000, a level that was never broken since February 2021. Historically, each test of this area has triggered sharp rebounds, sometimes rising by hundreds of percent, making it a key line to watch for potential upside.
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