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.

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.

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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