SPONGEUSDT Price: Buyers Are Gathering Momentum to Push Price Higher

Bulls are increasing in Sponge market

SPONGEUSDT Price Analysis – 11 February

Bullish momentum will increase until SPONGEUSDT crosses the $0.000145 resistance level, which is followed by the $0.000196 and $0.000330 barrier levels,. The price may rise above $0.000330 due to the bulls’ increasing push.

SPONGEUSDT Market

Key levels:

Resistance levels: $0.000145, $0.000196, $0.000330

Support levels: $0.000081, $0.000040, $0.000021

SPONGEUSDT Long-term Trend: Bullish

SPONGEUSDT is bullish at the moment on the daily chart. The cost of the currency is currently reduced to the previously specified level of $0.000081 to enable more buyers to buy it. The coin’s price ranged between the $0.000081 resistance and $0.000040 support levels a few days ago. In the end, the bulls were able to surpass the indicated resistance level. On January 7, the price reached the $0.000145 resistance level thanks to the bulls’ enthusiasm.

Sponge is seeing an increase in investor interest, pushing the price level closer to $0.000145. Indicating rising pressure from the bulls, the price is seeking to break above the Hull Suite crypto signaling index. Bullish momentum will increase until the price crosses the $0.000145 resistance level, which is followed by the $0.000196 and $0.000330 barrier levels,. The price may rise above $0.000330 due to the bulls’ increasing push.

SPONGEUSDT medium-term Trend: Bullish

SPONGEUSDT is bullish in the lower time frame. Buyers are gathering momentum to push up the Sponge’s price. On January 7, the price movement retraced to the $0.000081 support level after testing the $0.000145 resistance level. The level couldn’t be broken because there were more purchasers. The bulls are currently taking control as the market is moving upward toward $0.000145. Now, more people and companies will have the opportunity to invest.

The QQE MOD is showing a purchase signal since the signal lines are advanced over zero and the Hull Suite value is lower.

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For all the bears, this one

This one for all the bears pic.twitter.com/oUhomULjpS

— $SPONGE (@spongeoneth) February 3, 2025