Market Overview for Ontology Gas/Tether (ONGUSDT)

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Thursday, Jan 15, 2026 1:48 pm ET1min read
USDT
--
Aime RobotAime Summary

- ONGUSDT fell below key support at 0.0935, forming a bearish engulfing pattern with weak RSI/MACD.

- Volume spikes during breakdown confirmed bearish sentiment, aligning with price declines below 0.0930.

- Fibonacci analysis highlights 0.0922 as critical support and 0.0936 as near-term resistance for potential bounce.

Summary
• Price action shows a bearish trend with a breakdown below key support at 0.0935.
• RSI and MACD indicate weakening momentum and potential exhaustion in the short term.
• Bollinger Bands show moderate volatility with price staying near the lower band, suggesting bearish pressure.
• Volume spikes confirm bearish sentiment, with turnover aligning with price declines.
• Fibonacci retracement suggests potential support at 0.0922 and resistance at 0.0936 in the near term.

Ontology Gas/Tether (ONGUSDT) opened at 0.0952, reached a high of 0.0952, and closed at 0.0923 after hitting a low of 0.0901. Total volume for the 24-hour period was 1,388,161.0 and notional turnover was 126,894.26.

Structure & Formations


ONGUSDT experienced a sustained bearish move throughout the session, breaking below key support levels at 0.094, 0.0935, and 0.0930. A bearish engulfing pattern formed during the early morning hours, reinforcing the downward bias. The price then tested and failed to hold above 0.0935, suggesting that further bearish extension is likely.

Technical Indicators



MACD remains in negative territory with a bearish crossover and a weak histogram, indicating waning bullish momentum. The RSI is in oversold territory around 28, signaling potential for a short-term rebound but not necessarily a reversal. Bollinger Bands reflect moderate volatility, with prices hovering near the lower band.

Volume and Turnover


Volume surged during the breakdown below 0.0935, especially between 02:45–03:00 ET and 05:15–06:30 ET, confirming bearish conviction. Turnover closely tracked volume spikes during these periods, reinforcing the alignment of price and volume.

Fibonacci Retracements


On the 5-minute chart, the 0.0922 level is a critical Fibonacci support (approx 38.2% retracement from the 0.0941–0.0907 range). A close below this level may trigger a test of the next major support at 0.0919. Resistance is expected around 0.0936 and 0.0941 in the near term.

Looking ahead, the market could test 0.0919–0.0922, especially if the 20-period EMA continues to trend lower. A short-term bounce may occur due to the oversold RSI, but a reversal is unlikely without a convincing close above 0.0935. Investors should be cautious of further downside risk and monitor volume for bearish confirmation.