Sponge (SPONGEUSDT) Is Moving Upward Toward $0.000199 Level

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SPONGEUSDT Price Analysis – 10 October

The $0.000199 resistance level will be broken by price, and then the $0.000253 and $0.000330 barrier levels. SPONGEUSDT might move below $0.000136 if the push from bears keep increasing. A buy signal is indicated by the QQE MOD indicator’s signal line crossing above zero.

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 between the $0.0004 support and $0.00017 resistance levels two weeks ago. The bulls were eventually able to break over the important level, despite their initial attempt 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 discounted to the predetermined price so that other buyers might buy it. Sponge is currently attempting to breach the resistance level of $0.000199.

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The price is approaching the $0.00199 level as the bulls gain traction and break above the $0.00136 resistance barrier. Bulls’ pressure appears to be building as the price attempts to break above the Hull Suite crypto signals indicator. The $0.000199 resistance level will be broken by price, and then the $0.000253 and $0.000330 barrier levels. Price might move below $0.000136 if the push from bears keep increasing. A buy signal is indicated by the QQE MOD indicator’s crypto signal line crossing above zero.

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SPONGEUSDT medium-term Trend: Bullish

SPONGEUSDT indicates that the shorter time range is advantageous. 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 bearish push, the level maintained. Right now, the market is moving upward toward $0.000199 as the bulls take command of the scenario. This is to facilitate private and corporate investment.

.000199 Level" width="580" height="259" data-lazy-src="https://learn2.trade/wp-content/uploads/2024/10/4-hours-28-1024x458.png"/> The purchase signal lines are plainly visible, and the QQE MOD histogram is increasing beyond the zero level.

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Things are heating up.

Things are getting spicy 🔥 pic.twitter.com/Q6dGDaeAja

— $SPONGE (@spongeoneth) October 9, 2024