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Summary
• Price traded in a 0.081–0.0834 range with key resistance near 0.0832 and support at 0.0813.
• Strong volume expansion occurred after 18:00 ET, pushing price toward 0.0834 highs.
• RSI showed overbought levels briefly, while Bollinger Bands indicated low volatility early in the 24-hour window.
• A bearish divergence formed in the latter half, with declining price and volume divergence signaling caution.
• Fibonacci retracement levels at 0.0819 and 0.0827 acted as temporary support and resistance, confirming a sideways trend.
Ontology Gas/Tether (ONGUSDT) opened at 0.0829 on 2025-12-25 at 12:00 ET, reached a high of 0.0834, and closed at 0.0822 at 12:00 ET on 2025-12-26. The 24-hour volume totaled 6,046,672.0 units, with notional turnover amounting to $495,616.32.
The pair formed a consolidation pattern over the 24-hour period, with a bearish shift becoming evident after a brief rally toward 0.0834. Price struggled to maintain above 0.083, and key support was found at 0.0823. A potential bearish engulfing pattern appeared in the early morning of 12/26, signaling increased pressure to the downside.
Momentum, as measured by the MACD, weakened toward the close, with a bearish crossover forming around 02:00 ET. The RSI briefly entered overbought territory near 0.0834 before retreating, indicating a lack of sustained buying pressure. Bollinger Bands showed a narrowing at the start of the period, followed by an expansion after 18:00 ET, reflecting increased volatility.

Trading volume and notional turnover spiked in the early evening of 12/25, coinciding with a push toward 0.0834. However, a divergence appeared in the afternoon of 12/26, with falling price and declining turnover suggesting weakening conviction. The largest volume cluster occurred around 0.0822–0.0827, indicating a battle between buyers and sellers in the lower half of the range.
Fibonacci retracement levels played a role in defining short-term turning points. A 38.2% retracement at 0.0823 and 61.8% at 0.0819 offered temporary support, confirming the bearish bias. On the 5-minute chart, price tested these levels multiple times, failing to break decisively in either direction.
The market appears to be consolidating within a defined range, with bearish momentum taking hold after 02:00 ET. A test of the 0.0813 level could follow if the current trend continues. Investors should remain cautious, as a breakout attempt to the upside may trigger a rebound, but the overall bias is skewed to the downside in the next 24 hours.
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