{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/spongeusdt-price-is-struggling-to-break-up-0-00100-level\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/spongeusdt-price-is-struggling-to-break-up-0-00100-level\/","headline":"SPONGEUSDT Price Is Struggling to Break Up $0.00100 Level","name":"SPONGEUSDT Price Is Struggling to Break Up $0.00100 Level","description":"Bulls momentum increases in the Sponge market SPONGEUSDT Price Analysis \u2013 18 January If the bulls manage to break through the resistance level at $0.00100, they could move as high as $0.00115 and $0.00129. If the resistance level of $0.00100 holds, Sponge can turn around and move down toward the support levels of $0.000886, $0.000695, […]","datePublished":"2024-01-19","dateModified":"2024-01-19","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-17.png","url":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2024\/01\/4-hours-17.png","height":672,"width":1488},"url":"https:\/\/forexschoolonline.com\/spongeusdt-price-is-struggling-to-break-up-0-00100-level\/","about":["FX Technical Analysis","Trade Idea","Trade Setups"],"wordCount":350,"keywords":["Marketing","Sponge","Technical Analysis"],"articleBody":"Bulls momentum increases in the Sponge marketSPONGEUSDT Price Analysis \u2013 18 JanuaryIf the bulls manage to break through the resistance level at $0.00100, they could move as high as $0.00115 and $0.00129. If the resistance level of $0.00100 holds, Sponge can turn around and move down toward the support levels of $0.000886, $0.000695, and $0.000577.SPONGEUSDT MarketKey levels:Resistance levels: $0.00100, $0.00115, $0.00129Support levels: $0.000886, $0.000695, $0.000577SPONGEUSDT Long-term Trend: BullishThe daily SPONGEUSDT chart is bullish. The price reached its greatest point at $0.00100, driven by the bulls’ momentum. The price has been held due to the identified resistance level. This implies that in the SPONGEUSDT market, the previously mentioned level is important. The price may turn around and the bears may take the lead in the market if the current daily candle cannot close above $0.00100 resistance level.Since the Hull suite indicator is below the price, it keeps displaying an upward trend. The price trades much above the indicated indicator, indicating a strong positive trend. If the bulls break through the resistance level at $0.00100, they could move as high as $0.00115 and $0.00129. If the resistance level of $0.00100 holds, the price can turn around and move down toward the support levels of $0.000886, $0.000695, and $0.000577.SPONGEUSDT Medium-term Trend: BullishThe SPONGEUSDT 4-hour chart exhibits bullish action. The price action on the 4-hour chart has resulted in a double-bottom chart pattern close to the support level of $0.000498. The price rose after the initial breakdown at $0.000557. To retest the broken level, the price pulled back. Price rose to challenge the $0.00100 resistance level following the second collapse at $0.000695. Right now, the price is trying to break up $0.00100 level.The current pricing is exceeding the Hull Suite indicator. A purchase indication is indicated by the green signal line when the QQE MOD is higher than the zero level.Prepare to take in additional DAMP!We were just getting started with Sponge V1. Don't miss your chance to join #SpongeV2! \ud83e\uddfd\ud83e\uddfd\ud83e\uddfd\ud83d\ude80\ud83e\uddfd Proven 100x potential\ud83e\uddfd 12,000+ Holders\ud83e\uddfd 10+ Exchanges \ud83e\uddfd 30k Strong communityGet ready to absorb more DAMP! \ud83d\udca6#Web3 #Crypto #AltcoinSeason pic.twitter.com\/4YghSPit8e— $SPONGE (@spongeoneth) January 18, 2024Invest in the hottest and best meme coin? Buy Sponge ($SPONGE) today!"}