SPONGEUSDT Price Is Under Bullish Control

Buyers are gathering more strength

SPONGEUSDT Price Analysis – 01 July

SPONGEUSDT will hit resistance at $0.00061 after rising above the dynamic resistance levels; further bull momentum accumulation will push the SPONGEUSDT price to levels $0.00077 and $0.00087. If the price gain is stopped at the $0.00061 resistance level, bearish momentum could be observed around the $0.00050, $0.00033, and $0.00026 support levels.

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

Over the last two weeks, SPONGEUSDT has been under bullish pressure. A price range of $0.00026 to $0.00033 has been observed. On May 5, the bears initially forced the coin to test the $0.00026 support level. After failing to break through the level, it withdrew to retest the slow dynamic resistance level of the Hull Suite. On May 8, it reverses to try the $0.00026 support level again. More price reductions were rejected by the level. More bullish daily candles are emerging in light of the current situation, and the price is progressively rising toward the $0.00061 price level.

The fact that the cryptocurrency is now trading around the Hull Suite forex signals indicator and breaking over the dynamic resistance level suggests that the bulls are progressively gaining strength in the SPONGEUSDT market. The coin will hit resistance at $0.00061 after rising above the dynamic resistance levels; further bull momentum accumulation will push the SPONGEUSDT price to levels $0.00077 and $0.00087. If the price gain is stopped at the $0.00061 resistance level, bearish momentum could be observed around the $0.00050, $0.00033, and $0.00026 support levels.

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SPONGEUSDT Medium-term Trend – Bullish

A discernible rise in buyer activity on the SPONGEUSDT Market is indicated by the medium-term forecast. At the $0.00026 price level, the price action created a bullish reversal pattern known as a “double bottom” chart pattern. It is anticipated that SPONGEUSDT would grow in price to $0.00061. It can then reach the $0.00077 and $0.00087 price points after that.

The Hull Suite crypto signals‘ indicator is being overtaken by the coin. On the other side, a purchase signal is indicated when the QQE MOD’s histogram is above zero.

Resisting the impulse to despise non-coiners

Fighting the urge to hate on no-coiners 💦💦💦💦 pic.twitter.com/Jwnv9gvaov

— $SPONGE (@spongeoneth) June 30, 2024

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