Ontology Gas/Tether (ONGUSDT) Market Overview

Thursday, Jan 1, 2026 1:33 pm ET1min read
Aime RobotAime Summary

- ONGUSDT tested 0.0855 resistance but retreated to 0.0845–0.0848 consolidation.

- RSI remains neutral (45–55), with no overbought/oversold signals detected.

- Overnight volatility surged at 0.0851–0.0853, confirming a bullish engulfing pattern.

- A breakout above 0.0853 could target 0.0858–0.0861, supported by Fibonacci 38.2% retracement.

- Volume-driven moves above 0.0853 may signal renewed upward momentum, but caution is advised on weak confirmation.

Summary
• Price tested key resistance near 0.0855 but retreated to consolidate around 0.0845–0.0848.
• Momentum remains neutral with RSI near 50, no overbought/oversold signals detected.
• Volatility expanded during overnight hours, with peak turnover at 0.0851–0.0853.
• A bullish engulfing pattern emerged near 0.0851, suggesting potential short-term reversal.
• Volume-driven breakouts above 0.0853 may signal renewed upward intent.

Ontology Gas/Tether (ONGUSDT) opened at 0.0847 on 2025-12-31 17:00 ET, reached a high of 0.0861, and closed at 0.0848 as of 2026-01-01 12:00 ET. The pair traded within a range of 0.083–0.0861, with total volume of 12,098,949 and turnover of 1,005,861.

Structure & Moving Averages


The 5-minute chart shows the price consolidating around 0.0845–0.0848, forming a potential ascending triangle. The 20-period and 50-period moving averages are converging slightly above 0.0846, indicating a possible bias for higher prices if the pattern resolves upward. A breakout above the 0.0853–0.0854 resistance cluster could trigger a retest of the prior high at 0.0858.

MACD & RSI



The MACD histogram has shown a mixed divergence, with positive momentum gaining strength after 03:30 ET, followed by a pullback. The RSI remains in neutral territory, fluctuating between 45–55, suggesting no immediate overbought or oversold conditions.

Bollinger Bands


Volatility expanded during the overnight hours as the price moved closer to the upper band (0.0854–0.0856). The bands widened after 03:00 ET, aligning with the bullish breakout. The current 5-minute Bollinger Band width suggests moderate volatility, with price sitting near the center line at 0.0848.

Volume & Turnover

Volume surged above average levels around 03:30–04:00 ET, confirming the breakout above 0.0851. Notional turnover followed a similar pattern, peaking at 33,544.53 at 03:30 ET. Price and volume aligned well during the upward leg but diverged slightly during the retracement, hinting at a potential test of support at 0.0845.

Fibonacci Retracements


Applying Fibonacci retracement to the overnight move (0.0841 to 0.0861), the 38.2% level (0.0853) and 61.8% level (0.0848) are currently in play. A close above 0.0853 could target the 78.6% level at 0.0858 for further upside.

Looking ahead, a sustained break above 0.0853 could open the path toward 0.0858–0.0861, but traders should remain cautious of potential pullbacks if volume fails to confirm the breakout.