SPONGEUSDT Price: Buyers Are Accumulating Momentum 

Bulls’ will soon dominate market fully

SPONGEUSDT Price Analysis – 24 June

The coin will encounter resistance at $0.00061; additional bull momentum accumulation will propel the SPONGEUSDT price to levels $0.00077 and $0.00087. The $0.00050, $0.00033, and $0.00026 support levels could see bearish momentum if resistance at the $0.00061 resistance level stops the price increase.

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

SPONGEUSDT has been under positive pressure for the last two weeks. There has been a price range seen of $0.00026 to $0.00033. The coin was first pushed to test the $0.00026 support level on May 5 by the bears. It withdrew to retest the slow dynamic resistance level of the Hull Suite after failing to break through the level. It reverses to attempt the $0.00026 support level once more on May 8. The level refused further price reductions. According to the circumstances, more bullish daily candles are appearing, and the price is gradually moving up toward the $0.00061 price level.

The fact that the cryptocurrency is currently breaking above the dynamic resistance level and trading around the Hull Suite forex signals indicator indicates that the bulls are gradually gaining ground in the SPONGEUSDT market. Upon breaking through the dynamic resistance levels, the coin will encounter resistance at $0.00061; additional bull momentum accumulation will propel the SPONGEUSDT price to levels $0.00077 and $0.00087. The $0.00050, $0.00033, and $0.00026 support levels could see bearish momentum if resistance at the $0.00061 resistance level stops the price increase.

SPONGEUSDT Medium-term Trend – Bullish

SPONGEUSDT Market is seeing a significant increase in buyer activity, according to the medium-term projection. The price action formed a bullish reversal pattern at the $0.00026 price level, which is referred to as a “double bottom” chart pattern. The price of SPONGEUSDT is expected to rise to $0.00061. After that, it may rise to the $0.00077 and $0.00087 price points.

The coin is advancing past the indication of the Hull Suite crypto signals. In contrast, when the QQE MOD’s histogram is above zero, it indicates a buy signal.The general public: memecoins are dumb

Normal people: Memecoins are stupid

Me: pic.twitter.com/jmH8R2nLlr

— $SPONGE (@spongeoneth) June 22, 2024

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