$ONE just took a major hit after a reported security incident on Harmony’s network. Around 4 billion ONE tokens were reportedly minted without authorization, and the price dropped to a fresh low around $0.00057 today. ⚠️📉

At this point, I wouldn’t treat ONE like a normal technical breakout setup. The security issue and huge supply shock are the main things driving the market, so volatility could stay extreme. 🚨

For me, the safer view is to wait for clear information from Harmony and see whether the situation gets contained before judging any recovery. 👀🛡️
#one #USJulyCPI&PPIDueThisWeek