Bulls are increasing
SPONGEUSDT Price Analysis – 04 February
If the Sponge breaks over the$ 0.000145 resistance position, which is followed by the $0.000196 and $0.000330 barricade positions, bullish agitation will consolidate. But if the bulls keep driving the price higher, it might surpass the position that was compactly proposed.
SPONGE/USDT Market
Key levels:
Resistance levels: $0.000145, $0.000196, $0.000330
Support levels: $0.000081, $0.000040, $0.000021
SPONGEUSDT Long-term Trend: Bullish
The daily chart indicates that the SPONGEUSDT is bullish. When buyers let merchandisers to do what they pleased, further investors joined the train. At the moment, sponge ought to be affordable and available to a wide range of people. Now, the price is only$ 0.000145. Well done! sponge is flying in the direction of the moon. Investors are now serving from the SPONGEUSDT’s upward trend. The strong resistance position of $0.000196 will shortly give way to the support position if there’s a bullish rout at the $0.000145 position.
The price presently outperforms the Hull Suite crypto signaling indicator. If the price breaks over the$ 0.000145 resistance position, which is followed by the $0.000196 and $0.000330 barricade positions, bullish agitation will consolidate. But if the bulls keep driving the price higher, it might surpass the position that was compactly proposed.
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SPONGEUSDT medium-term Trend: Bullish
SPONGEUSDT is the superior choice in the shorter time range. Since more people are buying the coin, it is not applicable to hold the $0.00081 support position. The sponge’s price will rise in tandem with its demand. After reaching the $0.000196 resistance point on January 10, the price movement declined and tested the $0.000040 support position. To increase mindfulness of the request, the price is reduced.
Given that the Hull Suite is worth lower and the signal lines are advanced over zero, the QQE MOD is displaying a steal signal.
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— $SPONGE (@spongeoneth) February 3, 2025
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