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Bulls’ momentum increases
SPONGEUSDT Price Analysis – 25 June
The coin will face resistance at $0.00061 after breaking through the dynamic resistance levels; further bull momentum accumulation will drive the SPONGEUSDT price to levels $0.00077 and $0.00087. If opposition at the $0.00061 resistance level halts the price gain, the $0.00050, $0.00033, and $0.00026 support levels may witness bearish momentum.
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 last two weeks have seen bullish pressure on SPONGEUSDT. 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, and the price is progressively rising toward the $0.00061 price level based on the current situation.
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 face resistance at $0.00061 after breaking through the dynamic resistance levels; further bull momentum accumulation will drive the SPONGEUSDT price to levels $0.00077 and $0.00087. If opposition at the $0.00061 resistance level halts the price gain, the $0.00050, $0.00033, and $0.00026 support levels may witness bearish momentum.
SPONGEUSDT Medium-term Trend – Bullish
The medium-term prediction indicates that buyer activity on the SPONGEUSDT Market has significantly increased. 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 increase in price to $0.00061. It can then increase to the $0.00077 and $0.00087 pricing points.
The coin is rising over the Hull Suite crypto signals‘ indicator. On the other hand, a purchase signal is indicated when the QQE MOD’s histogram is above zero.
In 2050, history instructors will resemble:
History teachers in 2050 be like:$SPONGE was inevitable 🧽🚀 pic.twitter.com/3zQJZFwRm2
— $SPONGE (@spongeoneth) June 24, 2024
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