Bulls’ pressure increase in Sponge market
SPONGEUSDT Price Analysis – 10 December
if the bulls keep up their momentum, the price might surpass $0.000146. If the Sponge breaks over the $0.000146 resistance level and before the $0.000196 and $0.000330 barrier levels, the rising trend will pick up speed.
SPONGE/USDT Market
Key levels:
Resistance levels: $0.000146, $0.000196, $0.000330
Support levels: $0.000136, $0.000081, $0.000006
SPONGEUSDT Long-term Trend: Bullish
Bullishness is evident in the SPONGEUSDT daily chart. The coin’s current price is just $0.000136. In order to give investors more options and make sponge more accessible to a wider audience, prices range from $0.000196 to $0.000136. The good trend that will soon begin to impact the SPONGEUSDT market will be in place for the advantage of all investors. If a bullish breakout occurs at the $0.000146 level, the current strong resistance levels will soon turn into support levels.
Today’s price is above the QQE MOD crypto signal indicator’s with histogram below zero level; if the bulls keep up their momentum, the price might surpass $0.000146. If the price breaks over the $0.000146 resistance level and before the $0.000196 and $0.000330 barrier levels, the rising trend will pick up speed.
SPONGEUSDT medium-term Trend: Bullish
SPONGEUSDT is the best choice for shorter time periods. On November 18, the price movement struck the $0.000196 resistance level before turning around and reaching the $0.000081 support level. The number of investors in the coin has increased as a result of its inability to breach the $0.000081 support level. The price of the sponge rises as demand grows. Sponge Market is now dominated by buyers.
To attract more customers to the market, the price is reduced. With the signal lines pointing north, the Hull Suite forex indicator is showing a buy signal.
It’s getting spicy.
Things are getting spicy 💦 pic.twitter.com/4wrs6GTPbH
— $SPONGE (@spongeoneth) December 9, 2024
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