{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/sponge-spongeusdt-price-is-heading-towards-0-000330-resistance-level\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/sponge-spongeusdt-price-is-heading-towards-0-000330-resistance-level\/","headline":"Sponge (SPONGEUSDT) Price Is Heading Towards $0.000330 Resistance Level","name":"Sponge (SPONGEUSDT) Price Is Heading Towards $0.000330 Resistance Level","description":"More investors are joining Sponge market Sponge Weekly Price Analysis \u2013 04 December Sponge has the potential to breach the $0.000330 barrier and reach the $0.000402 resistance level if the bulls’ momentum increases. If the $0.000330 level persists, the price may reverse and face the support levels at $0.000196, $0.000169, and $0.000136. SPONGEUSDT Market Key […]","datePublished":"2023-12-05","dateModified":"2023-12-05","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\/12\/4-hours-3.png","url":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2023\/12\/4-hours-3.png","height":655,"width":1515},"url":"https:\/\/forexschoolonline.com\/sponge-spongeusdt-price-is-heading-towards-0-000330-resistance-level\/","about":["Trading","Trading Mindset & Psychology","Trading strategy"],"wordCount":301,"articleBody":"More investors are joining Sponge marketSponge Weekly Price Analysis \u2013 04 DecemberSponge has the potential to breach the $0.000330 barrier and reach the $0.000402 resistance level if the bulls’ momentum increases. If the $0.000330 level persists, the price may reverse and face the support levels at $0.000196, $0.000169, and $0.000136.SPONGEUSDT MarketKey levels:Resistance levels: $0.000330, $0.000402, $0.000502Support levels: $0.000196, $0.000169, $0.000136 SPONGEUSDT Long-term Trend: BullishBased on the daily chart projection, Sponge is bullish; the bears rule the market for a significant period. The bearish momentum at the $0.000136 support level caused the price to bottom. As the bullish engulfing candle emerges, the market surges above the $0.000169 and $0.000196 price levels. The objective for the sponge price before the weekly market closing is the resistance level of $0.000330.After breaking above both on the upside, the sponge price is currently trading above both the fast-moving average (9) and the slow-moving average (21 periods EMA). The price can potentially breach the $0.000330 barrier and reach the $0.000402 resistance level if the bulls’ momentum increases. If the $0.000330 level persists, the price may reverse and face the support levels at $0.000196, $0.000169, and $0.000136.\u00a0SPONGEUSDT Medium-term Trend: BullishThe 4-hour chart of the precious coin is bullish, suggesting that bulls are gaining ground in the sponge market. The price was being driven down to the $0.000136 support level by the bears in the last three weeks. The target was reached before the bulls chopped off the bears. Price makes a turn and breaches the barrier level at $0.000196. The resistance level at $0.000330 is where the price is heading.Given that the price has broken through both of the Ema’s upsides, Sponge is trading above both the 9- and 21-period EMAs, suggesting a favorable trend in the market.\u00a0 The relative strength indicator shows an upward trend at 46 levels, suggesting a buy signal.Invest in the hottest and best meme coin? Buy Sponge ($SPONGE) today!"}