Bulls are gaining ground in Sponge market
SPONGEUSDT Price Analysis – 25 February
Until the price overcomes the $0.000145 resistance level, which is followed by the $0.000196 and $0.000330 barrier levels, bullish momentum will continue to build. The price may surpass $0.000330 due to the bulls’ upward push.
SPONGEUSDT Market
Key levels:
Resistance levels: $0.000145, $0.000196, $0.000330
Support levels: $0.000081, $0.000040, $0.000021
SPONGEUSDT Long-term Trend: Bullish
According to the daily chart, SPONGEUSDT is currently bullish. To encourage more people to purchase the currency, its price has been lowered to the previously established $0.000081. A few days ago, the price of the currency fluctuated between the $0.000081 resistance and the $0.000040 support levels. Ultimately, the bulls succeeded in breaking through the expected barrier level. The bulls’ rage caused the price to hit the barrier level of $0.000145 on January 7.
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Investor interest in Sponge is rising, which is causing the price level to approach $0.000145. The price’s attempt to break above the Hull Suite crypto signaling index is a sign of increasing bullish pressure. Until the price overcomes the $0.000145 resistance level, which is followed by the $0.000196 and $0.000330 barrier levels, bullish momentum will continue to build. The price may surpass $0.000330 due to the bulls’ upward push.
SPONGEUSDT medium-term Trend: Bullish
SPONGEUSDT has a positive outlook for the near future. The price of the sponge is increasing due to increased consumer demand. The price movement tested the $0.000145 resistance level on January 7 and then retraced to the $0.000081 support level. Because there were more buyers, the level could not be surpassed. The price is now surging toward $0.000145, and the bulls are gaining ground. More people and businesses will now be able to invest.
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Unable to withstand the moisture
Can’t resist the damp 💦 pic.twitter.com/a6FojZcg2b
— $SPONGE (@spongeoneth) February 23, 2025
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