Bulls are gaining ground
SPONGEUSDT Price Analysis – 07 February
If the price breaks over the $0.000145 resistance level, followed by the $0.000196 and $0.000330 hedge positions, bullish excitement will consolidate. However, if the bulls keep pushing the price higher, it can surpass the curtly recommended stance.
SPONGE/USDT Market
Key levels:
Resistance levels: $0.000145, $0.000196, $0.000330
Support levels: $0.000081, $0.000040, $0.000021
SPONGEUSDT Long-term Trend: Bullish
The daily chart indicates that the SPONGEUSDT is bullish. When a coin’s price drops, more buyers enter the market, and SPONGEUSDT is no different. More investors are joining the train. At the moment, sponge is affordable and available to a wide range of people. The price right now is about $0.000145. Fantastic work! Sponge will be on her way to the moon in a few minutes. Investors will profit from the SPONGEUSDT’s upward trajectory. The strong resistance position of $0.000196 will soon be replaced by the support position if there is a bullish rout at the $0.000145 level.
SPONGEUSDT medium-term Trend: Bullish
SPONGEUSDT is the superior choice in the shorter time range. Since more people are buying the coin, it is inappropriate to maintain the $0.00081 support position. The sponge’s price will rise in tandem with demand. After reaching the $0.000196 resistance level on January 10, the price movement declined and tested the $0.000040 support position.
To increase awareness of the request, the price is reduced.
Given that the Hull Suite value is lower and the signal lines are advanced over zero, the QQE MOD is displaying a purchase signal.
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