SPONGEUSDT Price Is Struggling to Break over $0.000136 Level

Buyers are picking up speed

SPONGE (SPONGEUSDT) Price Analysis – 01 November

The resistance levels of $0.000136, $0.000196, and $0.000330 in SPONGEUSDT market might be the following goals if the $0.000081 level holds. The $0.000006 and $0.000004 support levels can be examined if the $0.000081 support level is breached below.

SPONGEUSDT Market

Key levels:

Resistance levels: $0.000136, $0.000196, $0.000330

Support levels: $0.000081, $0.000006, $0.000004

SPONGEUSDT Long-term Trend: Bullish

Sponge has hope for the future. There is a clear correlation between sponge costs and customer demand. Every day, the number of bullish candles increased. The resistance level of $0.000136 was broken on September 6. The price surged above a crucial resistance level at $0.000136. The price has moved both inside and outside of the indicated resistance levels during the last two weeks. These days, buyers are putting more pressure on themselves to attract more capital. At the moment, buyers are working harder to get beyond the $0.000136 barrier.

When the sponge’s QQE MOD crosses over zero and the Hull Suite points north, trade is active. The resistance levels of $0.000136, $0.000196, and $0.000330 might be the following goals if the $0.000081 level holds. The $0.000006 and $0.000004 support levels can be examined if the $0.000081 support level is breached below.

Sponge V2 Has Staked More Than $17 Million! This will be a huge token!

SPONGEUSDT Medium-term Trend: Bullish

The 4-hour Sponge chart shows a bullish trend. The $0.000136 resistance level seems to be the bulls’ current target. The market was not negatively impacted by the sellers’ actions. The robust bullish candles of today suggest that buyers are picking up speed. The price will increase and trend toward $0.000196 if it reaches $0.000136.

There is most likely more purchasing momentum because the coin is trading above the Hull Suite crypto signals. The QQE MOD signal line on the histogram rising above the zero level indicates a purchase signal.