{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/spongeusdt-price-is-increasing-as-bulls-pressure-increases\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/spongeusdt-price-is-increasing-as-bulls-pressure-increases\/","headline":"SPONGEUSDT Price Is Increasing as Bulls\u2019 Pressure Increases","name":"SPONGEUSDT Price Is Increasing as Bulls\u2019 Pressure Increases","description":"Bullish movement continues in Sponge market SPONGEUSDT Price Analysis \u2013 26 February   Following the price retracement, a further gain in the SPONGEUSDT price is anticipated, assuming the coin breaks over the $0.000358, resistance level. The levels at $0.000457 and $0.000582 will be the next targets for growth. The price may drop to the support […]","datePublished":"2024-02-27","dateModified":"2024-02-27","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\/2024\/02\/4-hours-22.png","url":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2024\/02\/4-hours-22.png","height":685,"width":1515},"url":"https:\/\/forexschoolonline.com\/spongeusdt-price-is-increasing-as-bulls-pressure-increases\/","about":["Trade Idea","Trade Setups","Trading","Trading Mindset & Psychology"],"wordCount":370,"keywords":["Marketing","Sponge","Technical Analysis"],"articleBody":"Bullish movement continues in Sponge marketSPONGEUSDT Price Analysis \u2013 26 February Following the price retracement, a further gain in the SPONGEUSDT price is anticipated, assuming the coin breaks over the $0.000358, resistance level. The levels at $0.000457 and $0.000582 will be the next targets for growth. The price may drop to the support levels of $0.000252, $0.000195, and $0.000148 if the bears hold the resistance level of $0.000358.Key levels:Supply levels: $0.000358, $0.000457, $0.000582Demand levels: $0.000252, $0.000195, $0.000148 SPONGEUSDT Long-term Trend: BullishWhen it comes to the long run, SPONGEUSDT is bullish. Sellers are still putting pressure on the SPONGEUSDT market, even when the coin gained support last week at the $0.000356 level. The cryptocurrency has recovered and is rising toward the $0.000252 barrier level. Daily candles that were more bullish were created, and the previously mentioned level was broken upwards. The price tested the $0.000358 resistance level on February 19.The fact that the price is above the Hull Suite signal suggests that the bulls’ momentum is building. Furthermore, the QQE MOD Crypto signals are about to rise above zero. Following the price retracement, a further gain in the SPONGEUSDT price is anticipated, assuming the coin breaks over the $0.000358, resistance level. The levels at $0.000457 and $0.000582 will be the next targets for growth. The price may drop to the support levels of $0.000252, $0.000195, and $0.000148 if the bears hold the resistance level of $0.000358.SPONGEUSDT Medium-term Trend: BullishIn terms of the medium-term perspective, SPONGEUSDT is positive. During the previous two weeks, buyers overcame sellers at the $0.000148 support level. The price rises and breaks through the $0.000195 and $0.000252 resistance levels. Testing was done at the $0.000358 resistance level. The price breaks out of the previously indicated level and holds. Bulls are currently making a comeback to the market, and additional price increases are possible.The Hull Suite indicator is being attempted to be broken by the price. The QQE MOD, which indicates a purchase, has an upward-pointing histogram line.When you’re still searching for that moist thing at the end of the weekWhen it's the end of the week and you're still looking for that damp \ud83d\udca6\ud83d\udca6$SPONGE #Crypto #100x #KuCoin #Binance #Altcoins #Bullish pic.twitter.com\/WyTQ5I5xFi— $SPONGE (@spongeoneth) February 25, 2024Invest in the hottest and best meme coin? Buy SpongeBob ($SPONGE) today!"}