Market Overview for Ontology Gas/Tether (ONGUSDT) on 2025-12-18

Thursday, Dec 18, 2025 1:40 pm ET1min read
Aime RobotAime Summary

- ONGUSDT formed a bullish cup (0.0774-0.0796) but failed to break 0.0793 resistance amid bearish engulfing candles.

- Volume surged to 257k during late-hour bearish reversal, while RSI (40-60) and MACD signaled weakening momentum.

- Price tested 50-period EMA (0.0780-0.0782) and approached upper Bollinger Band (0.0796) before retreating.

- Fibonacci 38.2% retracement at 0.0783 aligned with closing price, suggesting near-term consolidation around 0.0783-0.0787.

Summary
• Price action formed a bullish cup pattern from 0.0774 to 0.0796, followed by a potential bearish engulfing near 0.079.
• Volume increased from 85k to over 257k in late hours, suggesting accumulation or distribution.
• RSI remained in mid-range (40–60), while MACD showed weakening positive momentum with a bearish crossover.
• Price tested and bounced off the 50-period EMA on the 5-min chart, but failed to break the 0.0793 resistance.
• Volatility expanded with a Bollinger Band width peak as price approached the upper band before retreating.

Ontology Gas/Tether (ONGUSDT) opened at 0.0789 on 2025-12-17 at 12:00 ET, reached a high of 0.0799, touched a low of 0.0764, and closed at 0.0783 at 12:00 ET on 2025-12-18. Total volume for the 24-hour period was 9,221,826, with notional turnover estimated at $709,753.

Structure & Formations


The 24-hour chart showed a bearish consolidation pattern forming between 0.0774 and 0.0783, with a key support at 0.0774 and resistance at 0.0793. A bullish cup pattern was visible between 0.0774 and 0.0796, but price failed to confirm the breakout, as a bearish engulfing candle formed near 0.079. A doji appeared at 0.0781, suggesting indecision.

Moving Averages


On the 5-min chart, the 20-period and 50-period EMAs were in close proximity around 0.0780–0.0782, with price frequently testing the 50-period EMA.
On the daily timeframe, the 50-period SMA at 0.0780 and 100-period SMA at 0.0783 formed a convergence zone, offering potential support or resistance in the near term.

MACD & RSI


MACD showed a bearish crossover in the final hours of the 24-hour period, with the histogram narrowing and turning negative. RSI remained within the 40–60 range, indicating a lack of overbought or oversold conditions, and suggesting a continuation of consolidation.

Bollinger Bands


Volatility expanded as price approached the upper Bollinger Band at 0.0796, reaching the band in late trading. However, a retrace to the middle band followed, signaling potential bearish momentum. The Bollinger Band width peaked during the consolidation phase, hinting at possible breakouts.

Volume & Turnover


Volume spiked to 257k at 16:00 ET, coinciding with a bearish price reversal near 0.0795. Notional turnover mirrored the volume trend, with a strong increase in the late afternoon. However, price action diverged from the high turnover, suggesting a potential distribution phase.

Fibonacci Retracements


Applying Fibonacci retracements to the swing from 0.0774 to 0.0796, the 38.2% level at 0.0783 aligned with current price, indicating a possible short-term consolidation zone. The 61.8% retracement at 0.0787 appears to be a key resistance ahead.

Price may consolidate near the 0.0783–0.0787 zone in the next 24 hours, with a potential break of 0.0787 indicating further bullish momentum or a pullback to 0.0776. Investors should remain cautious as divergence between price and volume could suggest market uncertainty.