SPONGEUSDT Price Is Targeting $0.00061 Level

Buyers gain more pressure

SPONGEUSDT Price Analysis – 06 June

SPONGEUSDT prices are expected to rise further; $0.000500 has been hit. If bulls continue to put pressure on the market, the resistance levels of $0.00061 and $0.00077 will be tried, but a moving market will undoubtedly see a retreat. In the event that the $0.00050 level is broken, an investigation of the support levels of $0.00033 and $0.00026 is warranted..

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

The price of SPONGEUSDT is still moving in an upward trend over the long run. In the sponge market, the Bulls were the leading team. On May 1, at $0.000400, the price peaked in the bullish trend. The price fell below $0.000145 as the Bears stopped the ascent. For over eight days, the currency moved in a sideways fashion between the $0.000253 and $0.000250 price levels, suggesting that the momentum of bulls and bears is about equal. A bullish candle formed on June 05 and broke over the previous supply level, which was $0.00050. The daily chart of the sponge market showed a bullish candle at yesterday’s close, indicating that prices are expected to rise.

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The Suite Hull cryptocurrency signals indicator, which is trading below coin values, indicates that the SPONGE market is getting tremendous speed. When the histogram line is above zero, a cryptocurrency signal in the QQE MOD suggests buying. Sponge prices are expected to rise further; $0.000500 has been hit. If bulls continue to put pressure on the market, the resistance levels of $0.00061 and $0.00077 will be tried, but a moving market will undoubtedly see a retreat. In the event that the $0.00050 level is broken, an investigation of the support levels of $0.00033 and $0.00026 is warranted.

SPONGEUSDT Short-term Trend: Bullish

Regarding the medium-term forecast, SPONGE is positive. For more than a week, Sponge was trading sideways between the $0.000253 and $0.000145 price levels. The Bulls burst above $250 on June 05, and the price of the currency surged to $0.00050. As positive optimism began to shine, the price began to increase towards $0.00061.

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The price of SPONGE is crossing the Hull Suite Crypto indicators, signaling a strong upward trend. The Sponge market is growing, according to the QQE MOD Crypto indications, with the signal line above zero.

The $SPONGE Year

Year of the $SPONGE 🧽💦💦#SpongeV2 #MemeCoin #100x pic.twitter.com/J5I3Wwf8Bv

— $SPONGE (@spongeoneth) June 2, 2024

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