SPONGEUSDT price is retreating
SPONGEUSDT Price Analysis – 04 June
SPONGEUSDT may drop below the support levels of $0.000250, $0.000235, and $0.000145 if it is unable to break above the $0.000310 barrier. But if the bulls are able to keep up their momentum and break above the $0.000310 resistance level, the price can rise far higher to $0.000360 and $0.000400, respectively
SPONGEUSDT Market
Key levels:
Resistance levels: $0.000310, $0.000360, $0.000400
Support levels: $0.000250, $0.000235, $0.000145
SPONGEUSDT Long-term Trend: Bullish
The bulls are in control of the SPONGEUSDT daily chart. It has been more than two weeks since the buyers defeated the bears. There are definitely bullish candles every day, and the price is rising steadily. Bulls drove the market higher, breaking over the resistance level at $0.000360 and to the high point of $0.000400, thanks to the passion of purchasers. The goal of sellers is to prevent the price from rising above $0.000400. Bulls may be able to accomplish the goal if they keep up the pressure.
SPONGEUSDT may drop below the support levels of $0.000250, $0.000235, and $0.000145 if it is unable to break above the $0.000310 barrier. But if the bulls are able to keep up their momentum and break above the $0.000310 resistance level, the price can rise far higher to $0.000360 and $0.000400, respectively. Because SPONGEUSDT is trading above the Hull Suite Crypto signals’ price approach, it seems that SPONGEUSDT is becoming more and more popular.
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SPONGEUSDT Medium-term Trend: Bullish
SPONGEUSDT four-hour chart shows a rising trend. The currency last week crossed the $0.000360 barrier as a result of a significant surge. At that point, the Bears may still lose to the Bulls. The price crosses over the barrier that was previously indicated and gets close to $0.000400. When the price attempted to test the previous high of $0.000400, bears resisted the trend.
As long as it is trading above the Hull Suite Crypto signaling indication, then bullish trend is certain. The histogram line shows that the price is rising, and the QQE MOD Crypto signals will show a value spike that is greater than zero.
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