SPONGE (SPONGEUSDT) Price: More Pressure From Bulls

Buyers are in control of SPONGE market

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, $0.000081, and $0.000006.

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 in a bullish state. The bullish trend that began on October 28 has caused the price to soar to a high of $0.000196. The bulls crossed over the indicated level when a bullish harami candle emerged. As additional bullish candles were made, the SPONGE kept rising. It broke through the $0.000136 barrier and is presently approaching the $0.000196 level.

Buyers control the SPONGE market. The Hull Suite has crossed below the price, but the price is trading above the QQE MOD crypto indicator’s zero line, suggesting a bullish rise. There might be more positive action as long as the bulls continue to push. 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, $0.000081, and $0.000006.

SPONGEUSDT medium-term Trend: Bullish

Bullish is the 4-hour SPONGEUSDT chart. Last week, buyers dominated 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. As a result of the bulls’ increased ability to apply pressure, the price is now approaching the $0.000196 resistance level.

The QQE MOD indicator is moving upward, and the cryptocurrency is trading above the Hull Suite crypto signal, which indicates a bull market. A purchase indication is shown by the signal lines bending upward.

My thoughts when conversing with non-coiners

My brain when talking to no-coiners pic.twitter.com/xtH3lr5ZCz

— $SPONGE (@spongeoneth) November 15, 2024

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