{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/sponge-spongeusdt-price-may-extend-gains-to-0-000330\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/sponge-spongeusdt-price-may-extend-gains-to-0-000330\/","headline":"Sponge (SPONGEUSDT) Price May Extend Gains to $0.000330\u00a0","name":"Sponge (SPONGEUSDT) Price May Extend Gains to $0.000330\u00a0","description":"The Price reverses at the support level of $0.000136 Sponge Weekly Price Analysis \u2013 November 27 An increase in the bulls\u2019 momentum may push the price to penetrate the $0.000330 level, then, the resistance levels of $0.000402 may be reached. In case the $0.000330 level holds, the price may reverse and face the support levels […]","datePublished":"2023-11-27","dateModified":"2023-11-27","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\/11\/4-hous-3.png","url":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2023\/11\/4-hous-3.png","height":655,"width":1515},"url":"https:\/\/forexschoolonline.com\/sponge-spongeusdt-price-may-extend-gains-to-0-000330\/","about":["Trade Idea","Trade Setups","Trading","Trading Mindset & Psychology","Trading strategy"],"wordCount":309,"keywords":["Marketing","Sponge","Technical Analysis"],"articleBody":"The Price reverses at the support level of $0.000136Sponge Weekly Price Analysis \u2013 November 27An increase in the bulls\u2019 momentum may push the price to penetrate the $0.000330 level, then, the resistance levels of $0.000402 may be reached. In case the $0.000330 level holds, the price may reverse and face the support levels at $0.000196, $0.000196, 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: BullishThe sponge is bullish in the daily chart outlook; the coin was under the control of the bears for many days. The bearish momentum bottomed the price at the $0.000136 support level. The bullish engulfing candle emerges and the price increases to break up the $0.000169 and $0.000196 price levels. Sponge price is targeting the resistance level of $0.000330 before the weekly market closes.The Sponge price has penetrated the fast-moving EMA (9 periods EMA) and slow-moving averages EMA (21 periods EMA) upside and it is trading above the two. An increase in the bulls\u2019 momentum may push the price to penetrate the $0.000330 level, then, the resistance level of $0.000402 may be reached. In case the $0.000330 level holds, the price may reverse and face the support levels at $0.000196, $0.000196, and $0.000136.\u00a0SPONGEUSDT Medium-term Trend: BullishThe bulls take over the Sponge market; in other words, the precious metal is bullish in the 4\u2013hour chart. The bears were pushing the price down towards the support level of $0.000136 last week. The mark was reached before the bulls interrupted the bears. The price turns and breaks up the resistance level of $0.000196. The price is heading towards the resistance level of $0.000330.The price has penetrated the two EMA upside, which means, Sponge is trading above the 9 periods EMA and 21 periods EMA as an indication of a bullish trend in the Sponge market.\u00a0 The relative strength index is pointing upside at 54 levels to indicate a buy signal.Invest in the hottest and best meme coin? Buy Sponge ($SPONGE) today!"}