ONGUSDT Market Overview: 24-Hour Price Action and Technical Signals

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Monday, Dec 29, 2025 1:43 pm ET1min read
USDT
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Aime RobotAime Summary

- ONGUSDT/USDT reversed from 0.0995 to 0.0833, forming a bullish engulfing pattern near 0.0875.

- Key support at 0.0870–0.0875 saw volume spikes and RSI oversold conditions, with Bollinger Bands signaling heightened volatility.

- $112k turnover at 0.0910 suggests institutional accumulation, while 0.0850 remains critical for trend validation.

- A break above 0.0910 could trigger further buying, but 200SMA bearish pressure poses downside risks below 0.0850.

Summary
• Price action shows a strong bearish reversal from 0.0995 to 0.0875, with key support at 0.0870–0.0875.
• Momentum diverged as RSI dropped below 30, while volume spiked near the low.
• Volatility expanded mid-day, as Bollinger Bands widened ahead of a strong bounce.
• A bullish engulfing pattern emerged around 0.0875, with potential for a 61.8% Fibonacci retracement.
• Turnover surged to $112k near 0.0910, suggesting institutional accumulation ahead of a potential break.

Ontology Gas/Tether (ONGUSDT) opened at 0.0872 on 2025-12-28 12:00 ET, hit a high of 0.0995, a low of 0.0833, and closed at 0.0875 by 12:00 ET on 2025-12-29. Total volume reached ~4.64 million, while notional turnover hit ~$442k, showing heightened participation during the morning surge.

Structure & Formations


Price action traced a broad bearish reversal from a 0.0995 high to a 0.0833 low, before consolidating into a bullish pattern near 0.0875. A key support zone emerged at 0.0870–0.0875, where volume thickened and a bullish engulfing pattern formed.
The 0.0875 level acted as a magnet, aligning with the 61.8% Fibonacci retracement of the earlier decline.

Momentum and Volatility



RSI dropped below 30 at the 0.0833 low, suggesting oversold conditions, and has since recovered to the mid-40s, indicating moderate bullish momentum. MACD crossed into positive territory during the morning rebound, confirming the shift in sentiment. Bollinger Bands expanded during the overnight consolidation, signaling increased volatility, with price now trading near the upper band.

Volume and Turnover Analysis


Volume surged to ~1.1M at 0.0875, coinciding with a sharp reversal. Turnover reached ~$112k at 0.0910, indicating strong accumulation ahead of the morning break. Volume diverged slightly during the post-0900 rebound, which may suggest some short-covering but not a full reversal.

Forward-Looking Observations


ONGUSDT appears to have found near-term equilibrium at 0.0875, with the 0.0870 level acting as key support. A break above 0.0910 could trigger further buying, while a retest of 0.0850–0.0835 may test the strength of the consolidation. Traders should monitor for volume divergence and a sustained move beyond the 0.0875-0.0910 range.

Risk Caveat


While short-term momentum appears constructive, bearish pressure remains embedded in the 200SMA. A breakdown below 0.0850 could reignite the prior downtrend, and market sentiment remains fragile ahead of potential macroeconomic shifts.