$ONT Fails to Reclaim $0.142, Drops to $0.1134 as Bears Tighten Control

ONT fails to reclaim $0.142 resistance, triggering deeper sell-off to $0.1134.

Price remains below key EMAs, with short-term resistance at $0.125–$0.130.

Market cap drops over 10% since October 2; reflecting caution as bulls lose ground.

Ontology (ONT) trades at $0.1232 after a 1.5% dip over 24 hours and a 3.7% weekly gain, with $10.6 million in daily volume reflecting cautious market activity and ongoing volatility.

ONT Rejected at Resistance, Extends Bearish Slide

Ontology (ONT) has confirmed a deeper bearish shift after a failed retest of the critical $0.142 resistance. The rejection at this level triggered a continued downside move, pushing the token down to its previously projected support.

Source: Alpha Crypto Signal Via X

The breakdown came after ONT lost its long-standing ascending trendline support, which had held since June 2025. This trendline acted as a major structural level for bulls, and once breached, exposed the token to aggressive selling.

Despite a brief 5.44% weekly gain, the broader price structure remains bearish, forming lower highs and lower lows. The inability to reclaim even short-term resistance zones reinforces the weakening buyer interest.

Technical Weakness Aligns With Fading Volume

ONT is below both the 50-day SMA ($0.1374) and the 9-day EMA ($0.1243), which now serve as dynamic resistance levels. The token failed to reclaim the 9 EMA signaling weakening short-term momentum.

Market data backs the bearish view, ONT’s market cap peaked above $124 million on October 2 during a short-lived rally. Since then, it has fallen by over 10%, reaching $110 million by October 7. A slight recovery on October 8 remains unconvincing, with market cap struggling to stay above $112 million.

Source: CoinGecko

Futures trading volume over the past 24 hours stands at $16.89 million, with spot volume at $3.66 million. Open interest is down to $10.68 million, due to position closures following the breakdown. Data from Coinglass shows a 71.65% increase in 24-hour liquidations, a sign of rising volatility and trader uncertainty

Eyes on $0.125 Resistance and $0.1134 Support

The $0.125–$0.130 resistance zone has been turned to a battleground, failure to reclaim this range could lead to another leg down. Traders are watching the $0.1222 area for a possible liquidity sweep. If bullish reversal patterns emerge a short-term bounce toward $0.125 could occur.

However, without clear confirmation, sellers are likely to maintain control, potentially driving price back toward the $0.1147–$0.1134 demand zone. A decisive move above $0.1260 would be the first signal of a momentum shift, but bulls remain on the back foot for now.

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