SPONGEUSDT Price Is Breaking Above $0.000577 Resistance Level
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SPONGEUSDT Price Is Breaking Above $0.000577 Resistance Level

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Azeez Mustapha

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SPONGEUSDT is controlled by buyers

SPONGEUSDT Price Analysis – 01 April

If the bulls maintain their current momentum and manage to break above the resistance level at $0.000577, SPONGEUSDT can rise as high as $0.000695 and $0.000886, respectively. The crypto may have a bearish reversal and drop below the support levels of $0.000500, $$0.000455, and $0.000400 price levels if the bulls are unable to break above the $0.000577 level.

SPONGEUSDT Market

Key levels:

Resistance levels: $0.000577, $0.000695, $0.000886

Support levels: $0.000500, $0.000455, $0.000400

SPONGEUSDT Long-term Trend: Bullish

Bullish on the daily SPONGEUSDT chart. It has been more than two weeks since the buyers received the cash. Robust bullish candles are formed daily, and the price is steadily increasing. Price was driven by bulls to the resistance level at $0.000455, after which it surged higher to hit $0.000577. If bulls maintain their pressure, they could break over the previously indicated mark.

SPONGEUSDT Price Is Breaking Above <img fetchpriority=.000577 Resistance Level" width="580" height="262" data-lazy-src="https://learn2.trade/wp-content/uploads/2024/04/Daily-2-1024x463.png"/>

SPONGEUSDT is showing growing positive momentum as it is trading above the pricing mechanism of the Hull Suite Crypto signals. The crypto may have a bearish reversal and drop below the support levels of $0.000500, $$0.000455, and $0.000400 price levels if the bulls are unable to break above the $0.000577 level. If the bulls maintain their current momentum and manage to break above the resistance level at $0.000577, the price can rise as high as $0.000695 and $0.000886, respectively.

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SPONGEUSDT Medium-term Trend: Bullish

SPONGEUSDT 4-hour chart exhibits bullish action. The pressure from the bulls tested the $0.000500 resistance level. For numerous days, Bears are unable to defeat Bulls. To retest the broken level, the price pulled back. The price is rising now following the battle between bulls and bears.

SPONGEUSDT Price Is Breaking Above <img decoding=.000577 Resistance Level" width="580" height="262" data-lazy-src="https://learn2.trade/wp-content/uploads/2024/04/4-hours-4-1024x463.png"/>

The price, which is now trading above the Hull Suite Crypto indications, is approaching them. A value spike greater than zero will be displayed by the QQE MOD Crypto signals, and the histogram line will show a positive direction for prices.

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