{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/spongeusdt-price-is-pulling-back-at-0-000136-resistance-level\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/spongeusdt-price-is-pulling-back-at-0-000136-resistance-level\/","headline":"SPONGEUSDT Price Is Pulling Back at $0.000136 Resistance Level","name":"SPONGEUSDT Price Is Pulling Back at $0.000136 Resistance Level","description":"Bulls will rule SPONGEUSDT market soon SPONGEUSDT Price Analysis \u2013 14 August The bulls can push Sponge up to break the resistance level of $0.000136, which may extend to $0.000196 and $0.000330 level. In case the bears defend the $0.000093 level; Sponge may reverse and be confronted with the support level at $0.000004 and $0.000006. […]","datePublished":"2023-08-15","dateModified":"2023-08-15","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\/2023\/08\/4-hours-16.png","url":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2023\/08\/4-hours-16.png","height":655,"width":1515},"url":"https:\/\/forexschoolonline.com\/spongeusdt-price-is-pulling-back-at-0-000136-resistance-level\/","about":["Trade Idea","Trade Setups","Trading","Trading strategy"],"wordCount":324,"keywords":["Marketing","Sponge","Technical Analysis"],"articleBody":"Bulls will rule SPONGEUSDT market soonSPONGEUSDT Price Analysis \u2013 14 AugustThe bulls can push Sponge up to break the resistance level of $0.000136, which may extend to $0.000196 and $0.000330 level. In case the bears defend the $0.000093 level; Sponge may reverse and be confronted with the support level at $0.000004 and $0.000006.Key Levels:Supply level: $0.000136, $0.000196, $0.000330Demand level: $0.000093, $0.000004, $0.000006SPONGEUSDT Long-term Trend: BullishSponge is bullish on the daily chart. The coin found support at $0.000093 on 22 June. A bullish chart pattern formed called the morning star; this triggered the bullish momentum and the price increases to test the resistance level of $0.000196. The price is currently pulling back touching the previous low support level.After the pullback, the bulls can push the price up to break the resistance level of $0.000136, which may extend to $0.000196 and $0.000330 levels. In case the bears defend the $0.000136 level; Sponge may reverse and be confronted with the support level at $0.000093, $0.000004, and $0.000006. The two dynamic levels are close to each other and the 9-period EMA is trying to cross the 21 periods EMA upside to establish a bullish momentum.SPONGEUSDT Medium-term Trend: BullishSponge is bullish on the 4-hour chart. The bears push down the pair to a support level of $0.000093. The bulls opposed the price declination and it increases towards the resistance level of $0.000136 and tested the level on 08 August. The resistance level of $0.000136 holds and the price is pulling back.SPONGEUSDT is trading between the two EMAs which indicates a gradual increase in the bulls\u2019 momentum and the 9 periods EMA is trying to cross the 21 EMAs upside to establish a bullish momentum. The relative strength index period 14 is bending up at 44 levels to indicate a buy signal.Start trading $SPONGE right away on #Poloniex!Attention all #SPONGERS! \ud83e\uddfd\ud83c\udf0aCommence trading $SPONGE on #Poloniex now! \ud83d\udcb0\ud83d\ude80Don\u2019t wait, soak all the damp today! \ud83c\udf0a\ud83c\udf1f https:\/\/t.co\/1Fq3Nsz7do pic.twitter.com\/3jdtdiWyI2— $SPONGE (@spongeoneth) August 14, 2023Invest in the hottest and best meme coin? Buy Sponge ($SPONGE) today!"}