SPONGE (SPONGEUSDT) Price Is Dominated by Buyers

Pressure on bulls is increasing over time.

As long as the bulls keep pushing SPONGEUSDT, there may be more good action. If the resistance level of $0.000196 is broken higher, the price levels of $0.000330 and $0.000402 might be attempted. Bears may find support levels around $0.000136, $0.000081, and $0.000006 if the resistance level of $0.000196 persists.

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 SPONGEUSDT is in a bullish situation, according to the daily chart. The price has surged to a high of $0.000196 due to the bullish trend that started on October 28. When a bullish harami candle appeared, the bulls crossed over the stated level. The SPONGE continued to rise as more bullish candles were created. It is now getting close to the $0.000196 level after breaking through the $0.000136 barrier.

The SPONGE market is dominated by buyers. The price is trading above the zero line on the QQE MOD crypto indicator, indicating a bullish advance, but the Hull Suite has crossed below the price. As long as the bulls keep pushing, there may be more good action. If the resistance level of $0.000196 is broken higher, the price levels of $0.000330 and $0.000402 might be attempted. Bears may find support levels around $0.000136, $0.000081, and $0.000006 if the resistance level of $0.000196 persists.

 

 SPONGEUSDT medium-term Trend: Bullish

The SPONGE market is dominated by buyers. The price is trading above the zero line on the QQE MOD crypto indicator, indicating a bullish advance, but the Hull Suite has crossed below the price. As long as the bulls keep pushing, there may be more good action. If the resistance level of $0.000196 is broken higher, the price levels of $0.000330 and $0.000402 might be attempted. Bears may find support levels around $0.000136, $0.000081, and $0.000006 if the resistance level of $0.000196 persists.

The cryptocurrency is trading above the Hull Suite crypto signal, indicating a bull market, while the QQE MOD indicator is heading upward. The signal lines bending upward indicate a purchase signal.

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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