Sponge (SPONGEUSDT) Is Rising Toward $0.000196 Level

Bulls are dominating Sponge market

SPONGEUSDT Price Analysis – 01 October

SPONGEUSDT will break over the $0.000196 resistance level, which is followed by the $0.000253 and $0.000330 resistance levels, if the bulls’ momentum continues to build. Price may rise above the $0.000330 level if bull pressure continues to build.

SPONGEUSDT Market

Key levels:

Resistance levels: $0.000196, $0.000253, $0.000330

Support levels: $0.000136, $0.00017, $0.0004

SPONGEUSDT Long-term Trend: Bullish

Right now, SPONGEUSDT’s daily chart indicates a positive outlook. Two weeks ago, the coin was stuck in a range between the support level of $0.0004 and the resistance level of $0.00017. The bulls attempted to breach the $0.00017 resistance level, but ultimately were able to breach the important level. On September 7, the bulls’ enthusiasm was sufficient to drive the price up to the $0.00196 resistance level. To provide additional purchasers with the option to buy the coin, the price drew back at the indicated level.

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As the bulls gain more traction, the $0.00136 resistance level is breaking and the price is moving closer to the $0.00196 level. The price is attempting to break above the Hull Suite crypto signals indicator, which suggests that bull pressure is building. The price will break over the $0.000196 resistance level, which is followed by the $0.000253 and $0.000330 resistance levels, if the bulls’ momentum continues to build. Price may rise above the $0.000330 level if bull pressure continues to build. The signal line of the QQE MOD indicator is crossing above zero level to indicate buy signal.

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SPONGEUSDT medium-term Trend: Bullish

According to SPONGEUSDT, the lower time frame is bullish. On September 7, the price movement tested the $0.00196 resistance level. After that, it retraced to the $0.00017 support level. The level remained intact despite the bearish push. The market is rising toward $0.000196 at the moment as the bulls are seizing control of it. This is to provide corporations and people with the opportunity to invest.

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The QQE MOD histogram is rising above the zero level, and the purchase signal lines are visible.

When someone advises purchasing $SPONGE before to #altseason

When someone tells you to buy $SPONGE before #altseason pic.twitter.com/30Cen9Tr8K

— $SPONGE (@spongeoneth) September 30, 2024

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