Ontology Gas ($ONG ) has been showing some interesting movements lately. Let's take a closer look at the charts:

1. Daily Chart:

The current price of ONG/USDT is approximately $0.2922¹.

Over the past 24 hours, it has risen by 3.99%.

Key data points:

Volume: 15.10M ONG

Previous close: $0.2810

Open: $0.2812

Day's range: $0.2806 — $0.3106

Technical analysis:

Bullish MACD Crossover: A reliable signal on higher timeframes, with similarities to a previous rally of almost 30%.

Resilience during market drops: ONG showed resilience, with potential levels and targets identified¹.

Descending channel pattern breakout: A bullish price wave of approximately 50% anticipated if it breaks out.

Harmonic patterns and order blocks: Multiple patterns aligning with targets¹.

Support block: Accumulation from the current support level with a short-term target of at least 20%.

2. Weekly Chart (ONGBTC):

ONGBTC is waking up after a prolonged downtrend.

Price has been fighting with key weekly moving averages and is now heading north².

:Remember that cryptocurrency markets can be volatile, so always exercise caution. If you're considering an entry, make sure to do your own research and consider risk management strategies. 🚀🔍💡#ONGUSDT🚨 #SahmRule #LowestCPI2021 #Write2Earn! #TipMeAndRich