{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/sponge-spongeusdt-price-is-targeting-0-000996-level\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/sponge-spongeusdt-price-is-targeting-0-000996-level\/","headline":"SPONGE (SPONGEUSDT) Price Is Targeting $0.000996 Level","name":"SPONGE (SPONGEUSDT) Price Is Targeting $0.000996 Level","description":"Buyers\u2019 are exerting more pressure Sponge Price Analysis \u2013 08 February If Sponge breaks through the $0.000892 barrier level and encounters resistance in the $0.000996 to $0.001158 region, the bulls might be able to maintain their lead in the market. The price may drop below the $0.000580 and $0.000500 support levels if $0.000697 is not […]","datePublished":"2024-02-09","dateModified":"2024-02-09","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\/2024\/02\/4-hours-5.png","url":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2024\/02\/4-hours-5.png","height":685,"width":1515},"url":"https:\/\/forexschoolonline.com\/sponge-spongeusdt-price-is-targeting-0-000996-level\/","about":["Trade Setups","Trading","Trading Mindset & Psychology","Trading strategy"],"wordCount":353,"keywords":["Marketing","Sponge","Technical Analysis"],"articleBody":"Buyers\u2019 are exerting more pressureSponge Price Analysis \u2013 08 FebruaryIf Sponge breaks through the $0.000892 barrier level and encounters resistance in the $0.000996 to $0.001158 region, the bulls might be able to maintain their lead in the market. The price may drop below the $0.000580 and $0.000500 support levels if $0.000697 is not maintained. Sponge\/USD MarketKey levels:Resistance levels: $0.000892, $0.000996, $0.001158Support levels: $0.000697, $0.000580, $0.000500SPONGEUSDT Long-term Trend: BullishBullish on the daily SPONGEUSDT chart. The bullish reversal chart pattern that appeared at the $0.000500 support level last month made bears wary. The money consequently soars northward like an eagle. Before breaking through the $0.000892 barrier, price broke beyond the previous resistance levels of $0.000500, $0.000580, and $0.000697. It retreats in an attempt to reenter the broken $0.000697 level. Right now, it’s approaching the previous high of $0.000996.Buyers are returning to the SPONGE market after the recession. A bullish trend is indicated by the price trading above the Hull Suite signal and the rising trajectory of the best Crypto indicator. If the price breaks through the $0.000892 barrier level and encounters resistance in the $0.000996 to $0.001158 region, the bulls might be able to maintain their lead in the market. The price may drop below the $0.000580 and $0.000500 support levels if $0.000697 is not maintained.\u00a0SPONGEUSDT medium-term Trend: BullishThere is an increasing trend on the four-hour SPONGEUSDT chart. The medium-term trend is still strong even though the pressure on the bulls is growing. When resistance levels like $0.000892 and $0.000996 crumble, the $0.001158 resistance level will be put to the test. The price is staying at the previously mentioned level and is heading back to the prior high of $0.001158.Given that the price is higher than the Hull Suite indication, it appears as though the market is moving quickly. The market is favorable because the cryptocurrency is trading above the indication according to forex signals. When the QQE MOD indicator is greater than zero, a purchase signal is displayed.Watch this space, #SPONGERSKeep your eyes peeled, #SPONGERS.There is damp to be absorbed \ud83e\uddfd\ud83d\udca6#SPONGEV2 #Crypto #Web3 #Altcoins #100x #Presale #Bullish pic.twitter.com\/MnTN7qdINa— $SPONGE (@spongeoneth) February 8, 2024Invest in the hottest and best meme coin? Buy Sponge ($SPONGE) today!"}