SPONGE/USD Archives - Page 16 of 70

May 22, 2025

SPONGE/USD ($SPONGE) Holds Steady Near $0.0001 as Traders Eye Imminent Breakout Opportunity

The $SPONGE pair is still currently maintaining a steady consolidation phase around the critical $0.0001 mark, following a recent bullish advance that briefly saw the price reach highs near $0.000120. While the upward move showcased the potential for strength, the market has since entered a sideway...

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May 19, 2025

SPONGE/USD ($SPONGE) Maintains Consolidation Around $0.0001 as Market Awaits Breakout

The $SPONGE market continues to consolidate around the key $0.0001 price level, following a recent bout of bullish volatility that briefly pushed the price as high as $0.000120. Despite this upward momentum, the price has since settled into a tight range, suggesting that the market is in a holding ...

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May 17, 2025

SPONGE/USD ($SPONGE) Briefly Breaks Above $0.000120 Before Pulling Back to Key Support

The SPONGE/USD market has shown notable volatility since yesterday, marked by a series of sharp price movements. Initially, the pair rallied to the $0.000105 resistance zone, but faced rejection at that level. As anticipated in previous analysis, bulls regrouped around the critical $0.0001 support ...

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May 16, 2025

$SPONGE (SPONGE/USD) Back at $0.0001: Bulls Signaling Re-Accumulation for the Next Leg Up?

Following a brief advance from the $0.0001 mark to $0.000105, SPONGE/USD has now settled back onto its key support at $0.0001. This level is currently acting as a focal point where bullish traders appear to be reloading for another push. This return to support could be indicative of a re-accumulati...

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May 16, 2025

SPONGE/USD ($SPONGE) Falls Back $0.0001 Support: Potential Setup for a Bullish Continuation

After a brief rally that pushed $SPONGE from the $0.0001 level to a recent high of $0.000105, the market has retraced back to its key support at $0.0001. This level is now acting as a critical zone where bullish traders appear to be regrouping. The return to this support may signal renewed accumula...

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May 14, 2025

SPONGE/USD ($SPONGE) Breaks Above $0.0001, But Volatility Triggers Sharp Pullback

The SPONGE/USD market recently experienced a bullish breakout above the key $0.0001 level, signaling renewed investor interest. However, after reaching short-term resistance around $0.000105, the price faced significant selling pressure amid ongoing market volatility. As a result, the pair retraced...

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May 13, 2025

SPONGE/USD ($SPONGE) Clears Crucial $0.0001 Support, Opens Path for Further Gains

Recent market developments have confirmed a long-anticipated bullish breakout in $SPONGE, following a sustained period of price consolidation. Earlier observations emphasized the alignment between the 20-day moving average and a flattening price pattern—a technical formation that often precedes sha...

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May 13, 2025

SPONGE/USD ($SPONGE) Breaks Out Above Critical $0.0001 Support, Surges Higher

In previous analyses, we highlighted clear signals pointing to an impending bullish breakout in the SPONGE/USD market. One notable indication was the convergence of the 20-day moving average with a horizontally consolidating price action—a classic precursor to a major market shift. Our earlier comm...

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May 10, 2025

SPONGE/USD ($SPONGE) Poised for Potential Upside Break Amid Market Tightening

The $SPONGE pair is showing early signs of a possible bullish shift, as price movement remains anchored near the $0.0001 mark. Although the market has been trading sideways, subtle shifts in technical readings hint at growing bullish undercurrents. Earlier signals indicated a balanced market with n...

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