{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/sponge-spongeusdt-price-retreats-in-an-attempt-to-retest-0-000886\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/sponge-spongeusdt-price-retreats-in-an-attempt-to-retest-0-000886\/","headline":"SPONGE (SPONGEUSDT) Price Retreats in an Attempt to Retest $0.000886","name":"SPONGE (SPONGEUSDT) Price Retreats in an Attempt to Retest $0.000886","description":"Buyers\u2019 pressure will soon increase Sponge Price Analysis \u2013 24 January The bulls may be able to hold onto their edge in the market if the Sponge breaks over the $0.000695 barrier level and runs into resistance in the $0.000886 to $0.001298 zone. If the $0.000886 level is not held, the price may fall to […]","datePublished":"2024-01-25","dateModified":"2024-01-25","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\/01\/4-hours-21.png","url":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2024\/01\/4-hours-21.png","height":685,"width":1515},"url":"https:\/\/forexschoolonline.com\/sponge-spongeusdt-price-retreats-in-an-attempt-to-retest-0-000886\/","about":["Price Action Charts in Focus"],"wordCount":369,"keywords":["Marketing","Sponge","Technical Analysis"],"articleBody":"Buyers\u2019 pressure will soon increaseSponge Price Analysis \u2013 24 JanuaryThe bulls may be able to hold onto their edge in the market if the Sponge breaks over the $0.000695 barrier level and runs into resistance in the $0.000886 to $0.001298 zone. If the $0.000886 level is not held, the price may fall to the support levels of $0.000695 and $0.000577. Sponge\/USD MarketKey levels:Resistance levels: $0.000695, $0.000886, $0.001298Support levels: $0.000886, $0.000695, $0.000577SPONGEUSDT Long-term Trend: BullishOn the daily SPONGEUSDT chart, bullish. Bears need to be cautious because of the triple bottom chart pattern, which emerged at the $0.000356 support level. As a result, the money soars northward like an eagle. Price burst through the prior resistance levels of $0.000886, $0.000998, and $0.001158 before surging beyond the barrier level of $0.001298. It retreats in an attempt to reach the broken $0.000886 level once more. It’s currently getting close to the previous low of $0.000886.Following the downturn, purchasers may begin to reenter the SPONGE market. The indicator’s upward trajectory and the price’s trading above the Hull Suite signal point to a bullish trend. The bulls may be able to hold onto their edge in the market if the Sponge breaks over the $0.000695 barrier level and runs into resistance in the $0.000886 to $0.001298 zone. If the $0.000886 level is not held, the price may fall to the support levels of $0.000695 and $0.000577.\u00a0SPONGEUSDT medium-term Trend: BullishThe 4-hour SPONGEUSDT chart is showing an increasing trend. Even though the bears are under increasing pressure, the medium-term trend is still solid. The $0.001298 resistance level is tested when resistance levels such as $0.000998, $0.000577, and $0.001158 collapse. The price is returning toward the prior high of $0.000886 while remaining at the previously indicated level.The price’s position above the Hull Suite signal suggests that the market is moving with significant velocity. Given that the currency pair is trading above the indication, the market is favorable. A buy signal appears when the QQE MOD indicator is higher than zero.We won’t give up until we locate every bit of wet.#SpongeV2 is heating up \ud83d\udd25We\u2019re not stopping until we find all the damp \ud83e\uddfd\ud83d\udca6\ud83d\udca6$SPONGE #CryptoCurrencies #100x #Bullish #Uniswap #Coinbase pic.twitter.com\/2VItrw9epZ— $SPONGE (@spongeoneth) January 23, 2024Invest in the hottest and best meme coin? Buy Sponge ($SPONGE) today!"}