{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/spongeusdt-price-is-aiming-at-0-000886-resistance-level\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/spongeusdt-price-is-aiming-at-0-000886-resistance-level\/","headline":"SPONGEUSDT Price Is Aiming at $0.000886 Resistance Level","name":"SPONGEUSDT Price Is Aiming at $0.000886 Resistance Level","description":"Buyers\u2019 strength \u00a0doubled Sponge market SPONGEUSDT Price Analysis \u2013 16 January If the bulls break through the $0.000886 resistance level, they could rise as far as $0.00100 and $0.00115. If the resistance level of $0.000886 holds, Sponge can invert and move lower toward the support levels of $0.000695, $0.000577, and $0.00115. SPONGEUSDT Market Key levels: [&hellip;]","datePublished":"2024-01-16","dateModified":"2024-01-16","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-13.png","url":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2024\/01\/4-hours-13.png","height":685,"width":1515},"url":"https:\/\/forexschoolonline.com\/spongeusdt-price-is-aiming-at-0-000886-resistance-level\/","about":["Trade Setups","Trading","Trading Mindset &amp; Psychology","Trading strategy"],"wordCount":345,"keywords":["Marketing","Sponge","Technical Analysis"],"articleBody":"Buyers\u2019 strength \u00a0doubled Sponge marketSPONGEUSDT Price Analysis \u2013 16 JanuaryIf the bulls break through the $0.000886 resistance level, they could rise as far as $0.00100 and $0.00115. If the resistance level of $0.000886 holds, Sponge can invert and move lower toward the support levels of $0.000695, $0.000577, and $0.00115.SPONGEUSDT MarketKey levels:Resistance levels: $0.000886, $0.00100, $0.00115Support levels: $0.000695, $0.000577, $0.000498SPONGEUSDT Long-term Trend: BullishOn the daily chart, SPONGEUSDT is bullish. The price reached a high of $0.000886 due to the bulls&#8217; momentum. Sponge has been placed on hold due to the resistance level stated. This indicates that the level in question is important in the SPONGEUSDT market. The price may turn around and the bears may seize control of the market if the current daily candle ends up forming an inverted Pin bar.The fact that the Hull suite indicator is still below the price indicates an upward trend. The price is trading distantly above the indicated indicator, indicating a strong bullish trend. If the bulls break through the $0.000886 resistance level, they could rise as far as $0.00100 and $0.00115. If the resistance level of $0.000886 holds, the price can invert and move lower toward the support levels of $0.000695, $0.000577, and $0.00115.SPONGEUSDT Medium-term Trend: BullishOn the 4-hour chart, SPONGEUSDT is moving positively. At the $0.000498 support level, the price action on the 4-hour chart has created a double-bottom chart pattern. The price went higher after the initial breakup at the $0.000557 mark. To retest the broken level, the price pulled back. The price rose to challenge the $0.000886 level following the second breakup at $0.000695. Right now, the price is aiming at the previous high level.The Hull Suite indicator is being traded above by the price. The buy signal is indicated by the green signal line when the QQE MOD is above the zero level.Don&#8217;t pass up the exclusive bonus!\ud83d\uded2\ud83d\udd10 New to #SpongeV2? Learn how to buy and stake $SPONGE on our website and start earning V2 tokens. \ud83d\ude0e\ud83d\ude4cDon&#39;t miss out on the special bonus! #BuyAndStake #AltSeason #Web3 pic.twitter.com\/AozJfPxOQP&mdash; $SPONGE (@spongeoneth) January 15, 2024Invest in the hottest and best meme coin? Buy Sponge ($SPONGE) today!"}