Price levels of $0.000330 may be tested
If the $0.000196 resistance level is broken upward, SPONGEUSDT levels of $0.000330 and $0.000402 may be tested. 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
According to the daily chart, SPONGEUSDT is bullish. The price has risen to a high of $0.000196 due to the bullish trend that started on October 28. With the creation of a bullish harami candle, the bulls broke through the indicated level. The SPONGE continued its upward trend as more bullish candles were created. It is moving towards $0.000196 level after crossing the $0.000136 barrier upward.
The SPONGE market is being dominated by buyers. The price is trading above zero level on QQE MOD crypto indicator, indicating a bullish movement, and the Hull Suite has crossed the below the price. As long as the bulls keep up their push, there may be more bullish movement. If the $0.000196 resistance level is broken upward, the price levels of $0.000330 and $0.000402 may be tested. 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 SPONGEUSDT 4-hour chart shows bullishness. Last week, the Sponge market was dominated by buyers. The bulls were gradually coming under increasing pressure, and the bullish trend persisted. The $0.000196 resistance level was put to the test. The price is currently moving in the direction of the resistance level of $0.000196 as the bulls were able to apply more pressure.
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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