The asset looks technically constructive, but the current entry quality is not perfect.
In the current Bull Volatile regime, the best-fit approach is Follow the trend, but tighten risk control. The broader trend is still bullish, but price swings are wider and less forgiving, so the upside bias remains intact while execution and risk control need to be tighter.
Solsponge support and resistance levels highlight key price zones where buyers and sellers are most active. This section helps identify likely breakout areas, pullback support, overhead resistance, and the current trading range so you can evaluate trend continuation, reversal risk, and near-term crypto price direction.
| Level | Zone | Strength |
|---|---|---|
| Support 1 | $0.0₉2553 - $0.0₉2615 | |
| Support 2 | $0.0₉2405 - $0.0₉2493 | |
| Support 3 | $0.0₉2338 - $0.0₉2382 | |
| Support 4 | $0.0₉2270 - $0.0₉2321 | |
| Resistance 1 | $0.0₉3036 - $0.0₉3080 | |
| Resistance 2 | $0.0₉3108 - $0.0₉3185 | |
| Active 1 | $0.0₉2689 - $0.0₉2733 |
SOLSPONGE clears the resistance zone at $0.0₉3036 - $0.0₉3080 and holds above it. That would strengthen the breakout case and shift attention to $0.0₉3108 - $0.0₉3185.
SOLSPONGE loses the support zone at $0.0₉2553 - $0.0₉2615. That would weaken the setup and open the way toward $0.0₉2405 - $0.0₉2493.
SOLSPONGE continues trading between $0.0₉2615 and $0.0₉3036. In that case, range-trading conditions remain active.
Technical indicators help summarize trend, momentum, volatility, and key price levels. They should not be used in isolation, but they can help identify whether a coin is trending, ranging, overextended, or approaching an important support or resistance level.
| Indicator | Value | Signal | Interpretation |
|---|---|---|---|
| SMA50 | $0.0₉2855 | Bearish | SOLSPONGE is trading below the 50-day average. |
| SMA200 | $0.0₉2332 | Bullish | SOLSPONGE remains above the long-term trend line. |
| EMA50 | $0.0₉2800 | Bearish | SOLSPONGE is trading below the 50-day exponential average, which weakens the recent trend. |
| EMA200 | $0.0₉2633 | Bullish | SOLSPONGE is above the 200-day exponential average, which keeps the longer-term structure constructive. |
| RSI (14) | 31.65 | Neutral | RSI (14) is at 31.65, which keeps momentum in a balanced range. |
| Stoch RSI (14) | 7.27 | Oversold | Stoch RSI (14) is low at 7.27, which shows momentum is pressing near its recent lower extreme. |
| MACD | -4.579e-12 | Bearish | MACD is below its signal line. |
| ATR | 1.63% | Volatile | Volatility is above its 180-day median. |
| VWMA | $0.0₉3029 | Bearish | Price is below the volume-weighted average. |
| Commodity Channel Index (20) | -106.73 | Bearish | CCI (20) is weak at -106.73, which shows price is trading well below its recent average. |
| Awesome Oscillator (5, 34) | $-2.066e-11 | Bearish | Awesome Oscillator is below zero at $-2.066e-11, which supports bearish momentum. |
| Williams Percent Range (14) | -88.74 | Oversold | Williams Percent Range (14) is near the bottom of its recent range at -88.74. |
| Bull Bear Power (13) | $-1.352e-11 | Bearish | Bull Bear Power (13) is negative at $-1.352e-11, which suggests sellers are controlling price relative to the EMA baseline. |
| Ultimate Oscillator (7, 14, 28) | 22.37 | Oversold | Ultimate Oscillator is weak at 22.37, which suggests multi-timeframe downside momentum may be stretched. |
| Hull Moving Average (9) | $0.0₉2655 | Bullish | SOLSPONGE is trading above the Hull Moving Average (9), which supports the near-term trend. |
| Ichimoku Cloud B/L (9, 26, 52, 26) | $0.0₉2912 | Bearish | SOLSPONGE is trading below the Ichimoku base line, which points to weaker structure. |
Over the past 7 days, Solsponge price was most positively correlated with the price of Quant (QNT), Raydium (RAY), Midnight (NIGHT), Immutable X (IMX) and Stellar (XLM) and most negatively correlated with the price of LEO Token (LEO), Basic Attention Token (BAT), Monero (XMR), TRON (TRX) and Injective (INJ).
| Name | Correlation |
|---|---|
| Quant | 0.932 |
| Raydium | 0.896 |
| Midnight | 0.885 |
| Immutable X | 0.870 |
| Stellar | 0.869 |
| Name | Correlation |
|---|---|
| LEO Token | -0.873 |
| Basic Attention Token | -0.816 |
| Monero | -0.759 |
| TRON | -0.520 |
| Injective | -0.496 |
Solsponge price is positively correlated with the top 10 coins by market cap with a price of 0.468, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.557. Currencies that are positively correlated with Solsponge indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with Solsponge, a move in one direction for Solsponge would translate into a move in the opposite direction for the negatively correlated coin.
