Market Overview: Ontology/Tether (ONTUSDT) on 2025-12-28

Sunday, Dec 28, 2025 1:20 pm ET1min read
Aime RobotAime Summary

- ONTUSDT surged to $0.0698 on 2025-12-28, driven by strong morning volume and a bullish breakout.

- A bearish engulfing pattern at $0.0650 and RSI overbought levels signaled potential pullback risks.

- Bollinger Bands expansion and 61.8% Fibonacci retracement highlighted key resistance near $0.0648.

- MACD turned bearish post-peak, while volume diverged with price during late morning sell-off.

- Key support at $0.0620 and resistance $0.0648 remain critical for short-term directional bias.

Summary
• Price action showed strong bullish momentum from 05:45–06:30 ET, reaching a 24-hour high of $0.0698.
• A bearish reversal pattern formed at 08:15–08:45 ET, confirming pressure near $0.0650.
• Volatility spiked during the morning session, with Bollinger Bands showing expansion and retracement activity near 61.8%.
• Volume and turnover increased sharply from 05:45–06:30 ET, confirming the bullish breakout.
• RSI signaled overbought conditions around 06:15 ET, hinting at a potential pullback.

Ontology/Tether (ONTUSDT) opened at $0.0644 on 2025-12-28 (12:00 ET−1), hit a high of $0.0698, a low of $0.0616, and closed at $0.0622 by 12:00 ET. Total volume reached 94,558,720.0, with $626,638.28 in turnover over the 24-hour window.

Structure & Formations


Price formed a sharp bullish breakout from 05:45–06:30 ET, reaching a high of $0.0698, followed by a bearish engulfing pattern near $0.0650 during the late morning. This suggests a potential shift in sentiment from aggressive buying to profit-taking. A bearish divergence appears near $0.0636, with a 61.8% Fibonacci retracement acting as a key resistance level.

Moving Averages


On the 5-minute chart, the 20-period MA supported the rally near $0.0675–$0.0680, while the 50-period MA began to lag on the sell-off. On a broader scale, the 50-period daily MA currently resides below the 100-period MA, indicating a mixed trend.

Momentum Indicators


MACD turned bearish after the morning high, with a negative crossover occurring around 07:00 ET. RSI spiked to overbought levels at 70+ during the 06:15 ET period, signaling a likely pullback. The indicator returned to neutral territory by the afternoon, suggesting fading momentum.

Volatility and Bollinger Bands


Bollinger Bands expanded sharply during the bullish phase, with price testing the upper band at $0.0698 and then retreating. The current 20-period BB midline sits at $0.0647, with price trending slightly below. A contraction in volatility is now visible, which may precede another breakout.

Volume and Turnover


Volume surged from 05:45–06:30 ET, confirming the bullish push to $0.0698, with over $327k in turnover during the 06:15–06:30 ET period. Turnover diverged with price in the late morning, suggesting weakening conviction.

Looking ahead, the 0.0622–0.0636 range appears to be key for short-term direction. While a test of the 61.8% Fibonacci level at $0.0648 remains possible, investors should remain cautious of a pullback below $0.0620, which could trigger further bearish momentum.