Diego Naya

🚨 What’s happening with $ONDO ? After 2 failed breakout attempts around May 20th and 24th, $ONDO is now showing a rejection near the lower support area around 0.35 / 0.36 and is currently retesting it. Forming a daily double bottom. We had a beautiful week with strong buying pressure from EU and Asian sessions on the RWA sector in general, but unfortunately the US session kept selling all week and prevented the breakout from happening. After all the recent news surrounding $ONDO, the pressure is naturally higher than usual, but the important levels are still holding and nothing has broken down. I am still very confident about the coin and, in my opinion, there is nothing to worry about right now. Just a reminder: May has been a terrible month for $BTC, yet alts have continued to show a lot of strength. $ONDO already delivered its first expansion phase at the beginning of May before consolidating inside the 0.35 to 0.45 range. We are still far away from the bottom around 0.20. Let’s see what the US session does today, and whether this constant war narrative keeping markets under pressure finally starts to calm down soon. US stocks are still making ATHs, gold is slowing down, commodities are starting to slow down also, and I remain convinced crypto will have its turn. 🚀

BREAKING: President Trump releases a statement on crypto. “Trump will never let crypto down,” he says.