SPONGEUSDT Price: A Bullish Engulfing Candle Develops at $0.000081

SPONGE is ready to soar towards north

SPONGEUSDT Price Analysis – 03 December

If the resistance level of $0.000196 is broken higher, the price levels of $0.000330 and $0.000402 could be examined. Bears can find support at $0.000136, $0.000081, and $0.000006 if the $0.000196 resistance level holds in SPONGEUSDT market.

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

Bullish is the daily SPONGEUSDT chart. The price increased gradually starting on October 28 and reached its highest point at $0.000196. The bulls were able to break above the target level when a bullish engulfing candle formed. As additional positive candles were lighted, the SPONGE continued to rise. After failing to break through the upward $0.000196 barrier, it is now retesting the $0.000136 barrier.

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The SPONGE market is dominated by purchasing power. As long as the price remains above the Hull Suite, the crossover of the above crypto signals indicator suggests a positive trend. The trend may continue to be positive as long as the bulls continue to advance. If the resistance level of $0.000196 is broken higher, the price levels of $0.000330 and $0.000402 could be examined. Bears can find support at $0.000136, $0.000081, and $0.000006 if the $0.000196 resistance level holds.

SPONGEUSDT medium-term Trend: Bullish

The four-hour SPONGEUSDT chart is trending upward. The sponge market was dominated by buyers last week. The upward trend persisted as the pressure on the bulls increased with time. At $0.000136, the resistance level was surpassed. The price is approaching the $0.000196 resistance level as a result of the bulls’ intensified push.

.000081" width="1281" height="573" data-lazy-src="https://learn2.trade/wp-content/uploads/2024/12/4-hours-7.png"/> A bull market is suggested by the cryptocurrency’s trading above the Hull Suite. A gain is indicated by the price being above the QQE MOD crypto indicator’s zero line.

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Hey you, want some damp?💦💦💦 pic.twitter.com/8lvntk2rWr

— $SPONGE (@spongeoneth) December 3, 2024