Trend and momentum are aligned, and the current chart still offers a constructive buy setup.
In the current Bull Quiet regime, the best-fit approach is Trend following / buy dips. Trend conditions are constructive and volatility is contained, which usually favors following the move higher and looking for pullbacks instead of fading strength.
Spongebob 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 | $0.00003121 - $0.00003388 | |
| Support 2 | $0.00002756 - $0.00003090 | |
| Support 3 | $0.00002475 - $0.00002741 | |
| Resistance 1 | $0.00005560 - $0.00005791 | |
| Active 1 | $0.00003400 - $0.00003671 |
SPONGE clears the resistance zone at $0.00005560 - $0.00005791 and holds above it. That would strengthen the breakout case and shift attention to $0.00005560 - $0.00005791.
SPONGE loses the support zone at $0.00003121 - $0.00003388. That would weaken the setup and open the way toward $0.00002756 - $0.00003090.
SPONGE continues trading between $0.00003388 and $0.00005560. 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 | $0.00003275 | Bullish | SPONGE is trading above the 50-day average. |
| SMA200 | $0.00003083 | Bullish | SPONGE remains above the long-term trend line. |
| EMA50 | $0.00003305 | Bullish | SPONGE is holding above the 50-day exponential average, which supports the recent trend. |
| EMA200 | $0.00003312 | Bullish | SPONGE is above the 200-day exponential average, which keeps the longer-term structure constructive. |
| RSI (14) | 90.92 | Overbought | RSI (14) is elevated at 90.92, which suggests upside momentum may be getting stretched. |
| Stoch RSI (14) | 0.00 | Oversold | Stoch RSI (14) is low at 0.00, which shows momentum is pressing near its recent lower extreme. |
| MACD | 0.0₆6506 | Bearish | MACD is below its signal line. |
| ATR | 0.00% | Quiet | Volatility is below its 180-day median. |
| VWMA | $0.00003510 | Bearish | Price is below the volume-weighted average. |
| Commodity Channel Index (20) | -35.09 | Neutral | CCI (20) is at -35.09, which keeps price relatively close to its recent average. |
| Awesome Oscillator (5, 34) | $0.0₅1066 | Bullish | Awesome Oscillator is above zero at $0.0₅1066, which supports bullish momentum. |
| Williams Percent Range (14) | 0.00 | Overbought | Williams Percent Range (14) is near the top of its recent range at 0.00. |
| Bull Bear Power (13) | $0.0₆1087 | Bullish | Bull Bear Power (13) is positive at $0.0₆1087, which suggests buyers are controlling price relative to the EMA baseline. |
| Ultimate Oscillator (7, 14, 28) | 10.41 | Oversold | Ultimate Oscillator is weak at 10.41, which suggests multi-timeframe downside momentum may be stretched. |
| Hull Moving Average (9) | $0.00003510 | Bullish | SPONGE is trading above the Hull Moving Average (9), which supports the near-term trend. |
| Ichimoku Cloud B/L (9, 26, 52, 26) | $0.00003420 | Bullish | SPONGE is trading above the Ichimoku base line, which supports bullish structure. |
Over the past 7 days, Spongebob price was most positively correlated with the price of StarkNet (STRK), Solana (SOL), GateToken (GT), Hyperliquid (HYPE) and Midnight (NIGHT) and most negatively correlated with the price of Pi Network (PI), LEO Token (LEO), Beldex (BDX), TRON (TRX) and Curve DAO Token (CRV).
| Name | Correlation |
|---|---|
| StarkNet | 0.954 |
| Solana | 0.913 |
| GateToken | 0.903 |
| Hyperliquid | 0.901 |
| Midnight | 0.897 |
| Name | Correlation |
|---|---|
| Pi Network | -0.379 |
| LEO Token | -0.303 |
| Beldex | -0.133 |
| TRON | 0.136 |
| Curve DAO Token | 0.156 |
Spongebob price is positively correlated with the top 10 coins by market cap with a price of 0.811, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.685. Currencies that are positively correlated with Spongebob 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 Spongebob, a move in one direction for Spongebob would translate into a move in the opposite direction for the negatively correlated coin.
