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.

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.

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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