SPONGE (SPONGEUSDT) Price: Buyers Control SPONGE market

Bulls may find resistance at $0.000330

There might be more positive action in Sponge market as long as the bulls continue to push, $0.000081, and $0.000006. The price levels of $0.000330 and $0.000402 may be tried if the resistance level of $0.000196 is broken higher. If the resistance level of $0.000196 holds, bears may find support levels at $0.000136.

SPONGE/USDT Market

Key levels:

Resistance levels: $0.000196, $0.000330, $0.000402

Support levels: $0.000136, $0.000081, $0.000006

SPONGEUSDT Long-term Trend: Bullish

The daily chart indicates that the SPONGEUSDT is bullish. The bullish trend that began on October 28 has caused the price to climb to a high of $0.000196. The bulls crossed over the indicated level when a bullish harami candle emerged. As additional bullish candles developed, the SPONGE kept rising. It broke through the $0.000136 barrier and is now approaching the $0.000196 level.

Buyers control the SPONGE market. Despite the Hull Suite crossing below the price, the price is trading above the QQE MOD crypto indicator’s zero line, suggesting a bullish gain. There might be more positive action as long as the bulls continue to push, $0.000081, and $0.000006. The price levels of $0.000330 and $0.000402 may be tried if the resistance level of $0.000196 is broken higher. If the resistance level of $0.000196 holds, bears may find support levels at $0.000136.

 SPONGEUSDT medium-term Trend: Bullish

Bullish is the 4-hour SPONGEUSDT chart. Last week, buyers controlled the sponge market. The bulls were progressively coming under increasing strain as the bullish trend persisted. The $0.000196 resistance level was put to the test. Due to the bulls’ increased ability to apply pressure, the price is currently approaching the $0.000196 resistance level.

The QQE MOD indicator is rising, and the cryptocurrency is trading above the Hull Suite crypto signal, which indicates a bull market. A buy is indicated when the signal lines bend upward.

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My thoughts when conversing with non-coiners

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— $SPONGE (@spongeoneth) November 15, 2024

 

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