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Following renewed market focus on decentralized identity after the EU confirmed its eIDAS 2.0 digital identity framework, Ontology's ONT token price surged nearly 50%, reaching 0.06235 USD. This breakthrough was accompanied by strong trading volume, pushing the price toward a key supply zone between 0.065 USD and 0.070 USD. Although technical indicators such as the Supertrend and Balance Volume Indicator have turned bullish, the price still needs to hold the new support level near 0.048 USD to 0.050 USD in order to sustain the uptrend.