Buyers control the sponge market
SPONGEUSDT Price Analysis – 02 January
If the price breaks over the $0.000196 resistance level, the upward trend will quicken and the $0.000330 and $0.000402 obstacles can be tested.
SPONGE/USDT Market
Key levels:
Resistance levels: $0.000196, $0.000330, $0.000402
Support levels: $0.000146, $0.000136, $0.000081
SPONGEUSDT Long-term Trend: Bullish
It is evident that the SPONGEUSDT daily chart is in the positive range. The coin’s current value is a pitiful $0.000196. Sponge, which ranges in price from $0.000196 to $0.000136, seeks to expand investment opportunities and accessibility. The bullish trend that has begun to impact the SPONGEUSDT market will be advantageous to all investors. If there is a bullish breakout at the $0.000196 level, the high resistance levels that are currently in place will soon turn into support levels.
Since the price is above the QQE MOD crypto signal indication and the histogram is above zero, it could hit $0.000196 today if the bulls keep getting stronger. If the price breaks over the $0.000196 resistance level, the upward trend will quicken and the $0.000330 and $0.000402 obstacles can be tested.
SPONGEUSDT medium-term Trend: Bullish
SPONGEUSDT is the best choice for shorter periods of time. On November 18, the price movement veered off course and hit the $0.000081 support level after striking the $0.000196 resistance level. The number of investors has increased as a result of the coin’s inability to breach the $0.000081 support level. The sponge’s price rises in tandem with its demand. At the moment, buyers control the sponge market, and prices are going up.
To attract more customers to the market, the price is reduced. With its signal lines pointing north, the Hull Suite forex indicator is showing a buy signal.
A daily reminder to absorb the moisture
Daily reminder to absorb dat damp 💦 pic.twitter.com/pxJ2TIppPw
— $SPONGE (@spongeoneth) December 29, 2024
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