SPONGEUSDT Price Attracts More Investor at Low Price

Bulls are acquiring more momentum

SPONGEUSDT Price Analysis – 19 June

The coin will reach the $0.00061 resistance level with the breakdown of the dynamic resistance levels; a further build-up in bull pressure will take the price of the SPONGEUSDT to levels $0.00077 and $0.00087. If the price rise is rejected by the $0.00061 resistance level, bearish momentum can extend to the $0.00050, $0.00033, and $0.00026 support levels.

SPONGEUSDT Market

Key levels:

Resistance levels: $0.00061, $0.00077, $0.00087

Support levels: $0.00050, $0.00033, $0.00026

SPONGEUSDT Long-term Trend – Bullish

For the past two weeks, SPONGEUSDT has been under bearish pressure. The price has been bouncing between the $0.00026 and $0.00033 price ranges. On May 5, the bears initially drove the coin to test the $0.00026 support level. It was unable to get past the level and withdrew to retest the slow dynamic resistance of Hull Suite. On May 8, it reverses to try the $0.00026 support level a second time. More price reductions were denied by the level. More bullish daily candles are forming in line with the situation, and the price is progressively rising toward the $0.00061 price level.

The fact that the cryptocurrency is currently trading around the Hull Suite forex signals indicator and breaking over the dynamic resistance level suggests that the bulls are progressively taking control of the SPONGEUSDT market. The coin will reach the $0.00061 resistance level with the breakdown of the dynamic resistance levels; a further build-up in bull pressure will take the price of the SPONGEUSDT to levels $0.00077 and $0.00087. If the price rise is rejected by the $0.00061 resistance level, bearish momentum can extend to the $0.00050, $0.00033, and $0.00026 support levels.

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SPONGEUSDT Medium-term Trend – Bullish

The medium-term picture shows that buyers are steadily seizing control of the SPONGEUSDT Market. At the $0.00026 price level, the price action created a bullish reversal pattern known as a “double bottom” chart pattern. It is highly probable that the price of SPONGEUSDT will rise to the $0.00061 mark, after which it might go on to reach the $0.00077 and $0.00087 price points.

The Hull Suite crypto signals indication is being crossed by the cryptocurrency. On the other hand, the QQE MOD indicates a buy signal when its histogram is above zero.

I’m not interested in #MemeCoins,” say the no-coiners

No-coiners: “I’m not interested in #MemeCoins” 🤯🧠 pic.twitter.com/htlQPFcdwB

— $SPONGE (@spongeoneth) June 18, 2024

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