{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/sponge-spongeusdt-price-may-retest-previous-high-at-0-001158-level\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/sponge-spongeusdt-price-may-retest-previous-high-at-0-001158-level\/","headline":"SPONGE (SPONGEUSDT) Price May Retest Previous High at $0.001158 Level","name":"SPONGE (SPONGEUSDT) Price May Retest Previous High at $0.001158 Level","description":"Buyers\u2019 momentum is increasing Sponge Price Analysis \u2013 05 February The bulls may hold onto their lead in the market if Sponge breaks through the $0.000892 barrier level and runs into resistance in the $0.000996 to $0.001158 range. If $0.000697 is not maintained, the price can fall below the $0.000580 and $0.000500 support levels.   […]","datePublished":"2024-02-06","dateModified":"2024-02-06","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-3.png","url":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2024\/02\/4-hours-3.png","height":685,"width":1515},"url":"https:\/\/forexschoolonline.com\/sponge-spongeusdt-price-may-retest-previous-high-at-0-001158-level\/","about":["Trade Idea","Trade Setups","Trading","Trading strategy"],"wordCount":374,"keywords":["Market","Sponge","Technical Analysis"],"articleBody":"Buyers\u2019 momentum is increasingSponge Price Analysis \u2013 05 FebruaryThe bulls may hold onto their lead in the market if Sponge breaks through the $0.000892 barrier level and runs into resistance in the $0.000996 to $0.001158 range. If $0.000697 is not maintained, the price can fall below the $0.000580 and $0.000500 support levels. Sponge\/USD MarketKey levels:Resistance levels: $0.000892, $0.000996, $0.001158Support levels: $0.000697, $0.000580, $0.000500SPONGEUSDT Long-term Trend: BullishOn the daily SPONGEUSDT chart, bullish. Bears were cautious due to the triple bottom chart pattern that surfaced at the $0.000500 support level last month. As a result, the money takes off northward like an eagle. Price broke past the prior resistance levels of $0.000500, $0.000580, and $0.000697 before breaking through the $0.000892 barrier. To go back into the broken $0.000697 level, it retreats. It’s getting close to the prior high of $0.000996 right now with the Crypto signal.Following the recession, buyers are to reentering the SPONGE market. The rising trajectory of the Crypto indicator and the price trading above the Hull Suite signal a bullish trend. The bulls may hold onto their lead in the market if the price breaks through the $0.000892 barrier level and runs into resistance in the $0.000996 to $0.001158 range. If $0.000697 is not maintained, the price can fall below the $0.000580 and $0.000500 support levels.\u00a0SPONGEUSDT medium-term Trend: BullishThe four-hour SPONGEUSDT chart is trending upward. Even though the bulls are under increasing pressure, the medium-term trend is still solid. The $0.001158 resistance level will be tested when resistance levels like $0.000892, and $0.000996 collapse. The price returns to the previous high of $0.001158 while remaining at the mentioned level.It seems like the market is moving swiftly because the price is high than the Hull Suite indicator. Because the cryptocurrency is trading above the indicator, the market is favorable. A buy signal appears when the QQE MOD indicator is higher than zero.Make sure you stake your $SPONGE V1 tokens by 11 PM UTC on the deadline.\ud83d\udea8 ONLY 1 HOUR LEFT! \ud83d\udea8Make sure you stake your $SPONGE V1 tokens before the deadline at 11 PM UTC!We strongly advise all holders to withdraw their tokens from centralised exchanges and stake through the #SPONGE website as soon as possible.Stay tuned for updates. \ud83e\uddfd pic.twitter.com\/zzY3dTP6n6— $SPONGE (@spongeoneth) February 5, 2024Invest in the hottest and best meme coin? Buy Sponge ($SPONGE) today!"}