{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/83068-2\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/83068-2\/","headline":"SPONGEUSDT Price: Bulls Can Drive Price Higher By Breaking $0.000136 Resistance Level","name":"SPONGEUSDT Price: Bulls Can Drive Price Higher By Breaking $0.000136 Resistance Level","description":"Bulls are ruling SPONGEUSDT market SPONGEUSDT Price Analysis \u2013 15 August The bulls can drive SPONGEUSDT higher by breaking the $0.000136 resistance level, which may also reach the $0.000196 and $0.000330 levels. If the bears manage to hold the $0.000136 level, the price could reverse and come up against the $0.000093, $0.000004, and $0.000006 support […]","datePublished":"2023-08-16","dateModified":"2023-08-16","author":{"@type":"Person","@id":"https:\/\/forexschoolonline.com\/author\/jonfox\/#Person","name":"Johnathon Fox","url":"https:\/\/forexschoolonline.com\/author\/jonfox\/","identifier":1,"description":"Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world.","image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Forex School Online","logo":{"@type":"ImageObject","@id":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","url":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","width":240,"height":60}},"image":{"@type":"ImageObject","@id":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2023\/08\/4-hours-18.png","url":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2023\/08\/4-hours-18.png","height":655,"width":1515},"url":"https:\/\/forexschoolonline.com\/83068-2\/","about":["Trade Setups","Trading","Trading Mindset & Psychology","Trading strategy"],"wordCount":310,"keywords":["Marketing","Sponge","Technical Analysis"],"articleBody":"Bulls are ruling SPONGEUSDT marketSPONGEUSDT Price Analysis \u2013 15 AugustThe bulls can drive SPONGEUSDT higher by breaking the $0.000136 resistance level, which may also reach the $0.000196 and $0.000330 levels. If the bears manage to hold the $0.000136 level, the price could reverse and come up against the $0.000093, $0.000004, and $0.000006 support levelsKey Levels:Supply level: $0.000136, $0.000196, $0.000330Demand level: $0.000093, $0.000004, $0.000006SPONGEUSDT Long-term Trend: BullishSponge is bullish on the daily chart. On June 22, the coin found support at $0.000093. Morning star, a bullish chart pattern, emerged, which sparked the bullish momentum and caused the price to rise to challenge the resistance level of $0.000196. The prior low support level is now being touched by the price as it retreats.Following the pullback, the bulls can drive Sponge higher by breaking the $0.000136 resistance level, which may also reach the $0.000196 and $0.000330 levels. If the bears manage to hold the $0.000136 level, the price could reverse and come up against the $0.000093, $0.000004, and $0.000006 support levels. The 9-period exponential moving average is attempting to cross the 21-period EMA upside to create a bullish momentum as the two dynamic levels are in close proximity to one another. SPONGEUSDT Medium-term Trend: BullishSponge is bullish on the 4-hour chart. Sponge is pushed lower by the bears to the $0.000093 support level. The price decline was resisted by the bulls, who drove it up toward the resistance level of $0.000136, which was tested on August 8. The price is inclining as $0.000136 is the target.SPONGEUSDT is trading above the two EMAs which indicates a gradual increase in the bulls\u2019 momentum and the 9 periods EMA is trying to cross the 21 EMAs upside to establish a bullish momentum. The relative strength index period 14 is bending up at 53 levels to indicate a buy signal.priorities, in the end…Priorities after all… \ud83e\udd37\u200d\u2642\ufe0f\ud83d\udc8e\ud83e\udd23 pic.twitter.com\/5HoNEgq7pt— $SPONGE (@spongeoneth) August 15, 2023Invest in the hottest and best meme coin? Buy Sponge ($SPONGE) today! "}