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Summary
• ONGUSDT showed a bullish reversal pattern near 0.0804–0.0808 and tested resistance at 0.0813–0.0818.
• Volume spiked in late ET hours, confirming strength above 0.0810.
• RSI indicated overbought conditions near 0.0820, hinting at potential pullback risk.
• Price closed near the upper Bollinger Band, suggesting high volatility.
24-Hour Snapshot
Ontology Gas/Tether (ONGUSDT) opened at 0.0804 on 2025-12-23 12:00 ET, reached a high of 0.0821, a low of 0.0797, and closed at 0.081 at 2025-12-24 12:00 ET. Total 24-hour volume was 1,915,560, with a notional turnover of approximately $154,300.
Structure & Formations
ONGUSDT formed a bullish reversal pattern around 0.0804–0.0808, followed by a measured move up toward 0.0813. A strong bullish engulfing pattern emerged near 0.0810–0.0812, with a key resistance at 0.0813–0.0818 being tested multiple times. A doji formed near 0.0813–0.0815, signaling potential exhaustion in the upward move.
Moving Averages
The 5-minute 20SMA crossed above the 50SMA, supporting a short-term bullish bias. Daily 50SMA and 200SMA remain neutral with price in consolidation, but the 100SMA may act as a potential support zone at 0.0805–0.0808 if a pullback occurs.
Momentum and Overbought/Oversold Levels

Volatility and Bollinger Bands
ONGUSDT spent most of the session inside a contracting Bollinger Band envelope before a breakout above the upper band at 0.0818–0.0820. This suggests a period of heightened volatility and potential consolidation or reversal could follow.
Volume and Turnover Divergence
Trading volume surged past 190,000 in the 15-minute candle ending at 16:45 ET, confirming the move above 0.0820. However, turnover failed to rise proportionally, indicating some retail participation but less institutional involvement.
Key Fibonacci Levels
Fibonacci retracements from the 0.0821–0.0810 swing identified 0.0813 (38.2%) and 0.0808 (61.8%) as potential support levels. The daily swing from 0.0797–0.0821 aligns key 61.8% at 0.0809, which could see increased activity.
Forward-Looking Observations
ONGUSDT appears to be in a short-term bullish phase, supported by volume and pattern strength. However, with RSI near overbought levels and a doji forming near 0.0813–0.0815, a retest of 0.0808–0.0810 could be likely. Investors should watch for a breakdown below 0.0810 as a potential early warning of a reversal.
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