Sponge will be under Bulls soon
SPONGEUSDT Price Analysis – 24 May
The price may rise as far as $0.000400 and $0.000455, respectively, if the bulls are successful in breaking above the $0.000310 resistance mark. In the event that the bulls fail to maintain their gains and push above $0.000360, SPONGEUSDT can undergo a bearish reversal, falling through the support levels of $0.000250, $0.000360, and $0.000300.
SPONGEUSDT Market
Key levels:
Resistance levels: $0.000310, $0.000360, $0.000400
Support levels: $0.000250, $0.000253, $0.000145
SPONGEUSDT Long-term Trend: Bullish
The daily chart shows that SPONGEUSDT is rising. There are consistent daily patterns of bullish candles, and the price is rising gradually. In the current market, sellers are losing ground as buyers are pushing the price over both the $0.000310 level and the $0.000360 resistance level. Bulls may exceed the predetermined target if they maintain their current pressure level. In two weeks, the buyers and sellers may have made up their minds.
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It appears to be accelerating because SPONGEUSDT is currently trading above the pricing mechanism of the Hull Suite Crypto signals. The price may rise as far as $0.000400 and $0.000455, respectively, if the bulls are successful in breaking above the $0.000310 resistance mark. In the event that the bulls fail to maintain their gains and push above $0.000360, the cryptocurrency’s price can undergo a bearish reversal, falling through the support levels of $0.000250, $0.000360, and $0.000300.
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SPONGEUSDT Medium-term Trend: Bullish
The four-hour SPONGEUSDT chart exhibits an upward trend. The bulls’ rise tested the $0.000400 barrier level a few days ago. For days, the Bulls are unable to defeat the Bears. To retest the broken level, the price pulled back. Bullish pressure is currently pushing the price higher.
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Right now, bullish pressure is pushing the price higher. Price will climb as long as it stays above the Hull Suite Crypto signaling indication; the histogram line will show positive price movement; and the QQE MOD Crypto signals will show a value spike greater than zero.
Haters are still hating.
The haters still hatin. 🧽 🤷♂️#SpongeV2 #PEPE #BONK #WIF pic.twitter.com/IN0ohGnhqr
— $SPONGE (@spongeoneth) May 24, 2024
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