Sponge Price Will Rise and Trend Toward $0.000253 Level

Buyers are now exerting more pressure

SPONGE (SPONGEUSDT) Price Analysis – 11 November

The resistance levels of $0.000145, $0.000253, and $0.000330 in the Sponge market could be the next objectives if the $0.000136 level holds. The $0.000081 and $0.000006 support levels can be examined if the $0.000136 support level is breached below

SPONGEUSDT Market

Key levels:

Resistance levels: $0.000196, $0.000253, $0.000330

Support levels: $0.000146, $0.000081, $0.000006

SPONGEUSDT Long-term Trend: Bullish

Sponge is optimistic about the future. The price of sponges and customer demand are definitely related. The quantity of bullish candles rose daily. On September 6, the $0.000081 resistance level was breached. At $0.000146, the price jumped above a critical barrier level. Over the past two weeks, the price has fluctuated both inside and outside of the stated resistance levels. Buyers are now exerting more pressure on themselves to draw in additional funding. Buyers are currently exerting more effort to overcome the $0.000196 barrier.

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A purchasing transaction is started when the Hull Suite points north and the sponge’s QQE MOD crosses above zero. If the $0.000146 level holds, the following targets might be the resistance levels of $0.000196, $0.000253, and $0.000330. If the $0.000146 support level is broken below, the $0.000081 and $0.000006 support levels can be investigated.

What Sponge will do next

SPONGEUSDT Medium-term Trend: Bullish

The 4-hour Sponge chart shows a bullish trend. The bulls’ current aim appears to be the $0.000253 resistance level. The sellers’ actions did not have a detrimental effect on the market. Today’s strong bullish candles indicate that buyers are increasing their pace. If the price hits $0.000196, it will rise and trend toward $0.000253.

.000253 Level" width="580" height="259" data-lazy-src="https://learn2.trade/wp-content/uploads/2024/11/4-hours-28-1024x458.png"/> The fact that the coin is trading above the Hull Suite crypto signals suggests that there is probably additional buying momentum. A buy signal is shown by the QQE MOD signal line on the histogram rising above the zero level.

Don’t reveal your true identity to them.

Don’t let them know who you really are 🧽️ pic.twitter.com/4Gi1NgsEgo

— $SPONGE (@spongeoneth) November 11, 2024

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