Ontology (ONT) has experienced a significant price drop, failing to reclaim the $0.142 resistance level and falling to $0.1134. The cryptocurrency remains below key exponential moving averages (EMAs), with short-term resistance identified between $0.125 and $0.130. ONT's market cap has decreased by over 10% since October 2, indicating a bearish sentiment as bulls struggle to maintain control. Currently trading at $0.1232, ONT has seen a 1.5% decline in the past 24 hours, despite a 3.7% gain over the week. The daily trading volume is reported at $10.6 million. The recent breakdown occurred after ONT lost its ascending trendline support, which had been intact since June 2025. Futures trading volume is at $16.89 million, with open interest reduced to $10.68 million. Traders are closely monitoring the $0.125 resistance and $0.1134 support levels for potential market movements.