SPONGE/USD Archives - Page 5 of 70

October 03, 2025

SPONGE/USD ($SPONGE) Holds Firm at $0.00007: Accumulation Phase Underway

After retracing from the $0.000078 level, SPONGE/USD has established a solid base at the $0.00007 support zone. Price action around this area has been marked by multiple doji formations, reflecting hesitation but also signaling growing accumulation by market participants. This setup indicates that ...

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October 02, 2025

SPONGE/USD ($SPONGE) Finds Support at $0.00007: A Buying Opportunity?

The $SPONGE market has retreated from the $0.000078 level, establishing firm support around $0.00007. Following this move, the market has entered a consolidation phase, with multiple doji candlesticks forming near this zone. This pattern reflects growing accumulation, suggesting that buyers may be ...

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September 30, 2025

SPONGE/USD ($SPONGE) Bulls Eye Recovery at $0.000075

The SPONGE/USD market has been signaling a buildup of momentum, hinting at a possible breakout. The 20-day moving average has been closing in on the relatively stable price action near $0.000078, which typically points to a rebound setup. Yet, recent trading activity has moved against bullish expec...

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September 29, 2025

SPONGE/USD ($SPONGE) Bulls Regroup at $0.000075

Recent analysis of the $SPONGE market shows a buildup of momentum, signaling that a major price move has been in the making. The 20-day moving average has been converging toward the relatively flat price action around the $0.000078 level, suggesting the market was primed for a rebound. However, con...

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September 27, 2025

SPONGE/USD ($SPONGE) Consolidation Signals Brewing Volatility

The $SPONGE market has been holding steady around the $0.000078 price zone, showing signs of tightening consolidation. The 20-day moving average is steadily dipping closer to current price action, creating a squeeze effect that typically precedes a breakout. When a downward-sloping moving average c...

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September 25, 2025

SPONGE/USD ($SPONGE) Consolidation Sets Stage for Possible Breakout

The $SPONGE market continues to hover around the $0.000078 price zone, with the 20-day moving average drifting downward and drawing closer to the sideways consolidation. This convergence between a sloping average and horizontal price action often signals that the market is preparing for a strong di...

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September 23, 2025

SPONGE/USD ($SPONGE): Breakout Potential Gains Traction

The SPONGE/USD market continues to hover around the $0.000078 zone in today’s daily session. With the 20-day moving average gradually pressing down toward this consolidation range, the setup hints at an impending shift in momentum. Should buying pressure increase, the market may attempt to challeng...

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September 22, 2025

SPONGE/USD ($SPONGE) Approaching a Potential Breakout

The price of SPONGE/USD continues to consolidate around the $0.000078 level in today’s daily session. As the downward-sloping 20-day moving average converges with this horizontal price action, it suggests that a significant rebound may be imminent. If momentum builds, the next potential target coul...

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September 21, 2025

SPONGE/USD ($SPONGE) Market Watch: Bulls Testing the Waters

The $SPONGE market is holding steady around the $0.000078 zone, showing signs that bearish momentum could be fading. This tight consolidation, coming on the heels of a sharp sell-off, suggests that the market may be gearing up for a possible recovery. A decisive push above the $0.00008 level could ...

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