The asset still looks technically supportive, with multiple signals continuing to back the setup.
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.
Sponge 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 | $0.0₅1537 - $0.0₅1758 | |
| Support 2 | $0.0₅1189 - $0.0₅1405 | |
| Support 3 | $0.0₆9629 - $0.0₅1129 | |
| Support 4 | $0.0₆3509 - $0.0₆5665 | |
| Resistance 1 | $0.0₅4416 - $0.0₅4631 | |
| Resistance 2 | $0.0₅5387 - $0.0₅5602 | |
| Resistance 3 | $0.0₅8290 - $0.0₅8506 | |
| Active 1 | $0.0₅1856 - $0.0₅2214 |
SPONGE clears the resistance zone at $0.0₅4416 - $0.0₅4631 and holds above it. That would strengthen the breakout case and shift attention to $0.0₅5387 - $0.0₅5602.
SPONGE loses the support zone at $0.0₅1537 - $0.0₅1758. That would weaken the setup and open the way toward $0.0₅1189 - $0.0₅1405.
SPONGE continues trading between $0.0₅1758 and $0.0₅4416. 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 | $0.0₅1287 | Bullish | SPONGE is trading above the 50-day average. |
| SMA200 | $0.0₅3617 | Bearish | SPONGE remains below the long-term trend line. |
| EMA50 | $0.0₅1569 | Bullish | SPONGE is holding above the 50-day exponential average, which supports the recent trend. |
| EMA200 | $0.0₅3614 | Bearish | SPONGE is below the 200-day exponential average, which keeps the longer-term structure under pressure. |
| RSI (14) | 74.53 | Overbought | RSI (14) is elevated at 74.53, which suggests upside momentum may be getting stretched. |
| Stoch RSI (14) | 41.94 | Neutral | Stoch RSI (14) is at 41.94, which suggests momentum is active but not yet extreme. |
| MACD | 0.0₆2171 | Bullish | MACD is above its signal line. |
| ATR | 7.87% | Volatile | Volatility is above its 180-day median. |
| VWMA | $0.0₅1851 | Bullish | Price is above the volume-weighted average. |
| Commodity Channel Index (20) | 118.46 | Bullish | CCI (20) is strong at 118.46, which shows price is trading well above its recent average. |
| Awesome Oscillator (5, 34) | $0.0₆5237 | Bullish | Awesome Oscillator is above zero at $0.0₆5237, which supports bullish momentum. |
| Williams Percent Range (14) | -34.83 | Neutral | Williams Percent Range (14) is at -34.83, which keeps price in the middle of its recent range. |
| Bull Bear Power (13) | $0.0₆3565 | Bullish | Bull Bear Power (13) is positive at $0.0₆3565, which suggests buyers are controlling price relative to the EMA baseline. |
| Ultimate Oscillator (7, 14, 28) | 56.50 | Neutral | Ultimate Oscillator is at 56.50, which suggests momentum is balanced across its short, medium, and long windows. |
| Hull Moving Average (9) | $0.0₅2145 | Bearish | SPONGE is trading below the Hull Moving Average (9), which weakens the near-term trend. |
| Ichimoku Cloud B/L (9, 26, 52, 26) | $0.0₅1774 | Bullish | SPONGE is trading above the Ichimoku base line, which supports bullish structure. |
Over the past 7 days, Sponge price was most positively correlated with the price of Aave (AAVE), Midnight (NIGHT), Monad (MON), Sky (SKY) and StarkNet (STRK) and most negatively correlated with the price of Beldex (BDX), Zcash (ZEC), Dash (DASH), Canton (CC) and Ethereum Classic (ETC).
| Name | Correlation |
|---|---|
| Aave | 0.832 |
| Midnight | 0.817 |
| Monad | 0.689 |
| Sky | 0.664 |
| StarkNet | 0.655 |
| Name | Correlation |
|---|---|
| Beldex | -0.877 |
| Zcash | -0.861 |
| Dash | -0.843 |
| Canton | -0.823 |
| Ethereum Classic | -0.789 |
Sponge price is negatively correlated with the top 10 coins by market cap with a price of -0.174, excluding Tether (USDT) and negatively correlated with the top 100 coins by market cap excluding all stablecoins with a price of -0.217. Currencies that are positively correlated with Sponge 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 Sponge, a move in one direction for Sponge would translate into a move in the opposite direction for the negatively correlated coin.
