SPONGEUSDT Price Is Currently Soaring Toward $0.000199 Level

Resistance level of $0.000199 will be broken first

SPONGEUSDT Price Analysis – 16 October

SPONGEUSDT is approaching the $0.00199 mark as the bulls gain strength and surpass the $0.00136 resistance level. The resistance level of $0.000199 will be broken first, then the barrier levels of $0.000253 and $0.000330. Should the bears persist in their drive, the price can fall below $0.000136.

SPONGEUSDT Market

Key levels:

Resistance levels: $0.000199, $0.000253, $0.000330

Support levels: $0.000136, $0.00017, $0.0004

SPONGEUSDT Long-term Trend: Bullish

Right now, the SPONGEUSDT daily chart points to a promising future. The coin was trapped two weeks ago between the $0.0004 support level and the $0.00017 resistance level. The bulls eventually succeeded in breaking over the critical level, even though they had first tried to break over the resistance level at $0.00017. On September 7, the price broke through the $0.00196 barrier due to the bulls’ fervor. The coin was dropped to the predetermined price in an effort to draw in more buyers. Sponge is now attempting to overcome the resistance level of $0.000199.

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The price is approaching the $0.00199 mark as the bulls gain strength and surpass the $0.00136 resistance level. Bull pressure appears to be building as the price attempts to overtake the Hull Suite crypto signals indicator. The resistance level of $0.000199 will be broken first, then the barrier levels of $0.000253 and $0.000330. Should the bears persist in their drive, the price can fall below $0.000136. A buy signal is displayed when the QQE MOD indicator’s signal line rises above zero.

POV: The year is 2025. You persevered during the slump. Life is good.

POV: It’s 2025. You held through the dip. Life is good. pic.twitter.com/qJMNGoAh5n

— $SPONGE (@spongeoneth) October 15, 2024

SPONGEUSDT medium-term Trend: Bullish

SPONGEUSDT says that the shorter time period is better. On September 7, the price movement tested the resistance level of $0.001966. It then dropped back to the support level of $0.00017. Despite the negative push, the level remained stable. As the bulls gain control, the market is currently soaring toward $0.000199. This will facilitate private and corporate investment.

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