SPONGE/USD Archives - Page 13 of 70

June 26, 2025

SPONGE/USD ($SPONGE): Bullish Rejection at $0.000140 – What’s Next?

The recent trajectory of the $SPONGE market has been a rollercoaster of bullish intent and significant resistance. After strong intervention by buyers around the $0.000104 and $0.000103 support levels, market sentiment leaned towards a substantial upward move, and the price delivered a compelling r...

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June 24, 2025

$SPONGE (SPONGE/USD) Faces Bearish Test as Key Support Falters

The recent market-wide crypto downturn has dragged $SPONGE below its crucial $0.000104 support—a level many expected to trigger a bullish rebound. Instead, the breakdown reveals waning buyer strength, raising questions about the sustainability of the previous uptrend. However, the sell-off lacks co...

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June 23, 2025

SPONGE/USD ($SPONGE) Pulls Back Below $0.000104 as Bearish Pressure Persists

The broader wave of bearish sentiment sweeping across the cryptocurrency market appears to be impacting the SPONGE/USD pair as well. Although many had anticipated a bullish rebound from the $0.000104 support level, the market instead broke below this threshold, signaling weakness in buyer momentum....

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June 21, 2025

SPONGE/USD ($SPONGE) Market Insight: Buyers Hold Ground as Support Strengthens Around $0.000104

After pulling back from the recent high near the $0.00011 resistance area, the $SPONGE market has found renewed stability around the $0.000104 price zone. This level, now forming a key support base, underscores growing bullish resilience and signals that the market could be gearing up for its next ...

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June 20, 2025

$SPONGE (SPONGE/USD) Shows Bullish Resilience as New Support Base Firms Up

Following a corrective pullback from the $0.00011 resistance zone, SPONGE/USD has stabilized around $0.000104, forming a higher support level—a bullish development that suggests underlying strength in the market. This consolidation phase indicates that buyers are regrouping, potentially setting the...

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June 19, 2025

SPONGE/USD ($SPONGE) Maintains Bullish Momentum with Higher Support Formation

The $SPONGE market continues to consolidate around a recently formed higher support level, following a sharp retracement from above the critical $0.00011 resistance zone. This consolidation at approximately $0.000104 indicates that bullish sentiment remains intact, with buyers positioning for anoth...

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June 18, 2025

SPONGE/USD Forms Higher Support Zone as Bulls Regain Control

Following a sharp retreat from the $0.00011 resistance level, SPONGE/USD has started to exhibit renewed signs of bullish momentum. The market’s ability to rebound from its recent dip and establish a higher low marks a constructive shift in sentiment. This development suggests that buyers are gradua...

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June 16, 2025

$SPONGE (SPONGE/USD) Establishes a Higher Support Level, Signaling Bullish Strength

The SPONGE/USD market recently experienced a sharp correction, retreating from above the $0.00011 level—an anticipated move based on previous analysis. Despite this decline, the market managed to rebound and establish a higher support level, highlighting the underlying strength of bullish sentiment...

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June 14, 2025

$SPONGE (SPONGE/USD) at a Pivotal Juncture: Bulls Hold Strong, Poised for a Major Breakout?

The $SPONGE pair is showcasing impressive resilience, steadfastly maintaining its position above the critical $0.00011 support level. Despite broader market headwinds, this unwavering defense signals strong underlying bullish momentum. The consolidation near this key zone suggests an accumulation p...

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