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PANDA FINANCE

Uniswap / Dollar intraday: the downside prevails as long as 5.41 is resistance

Trading Central 2025-05-02 21:09:06

Our preference: the downside prevails as long as 5.41 is resistance.

Our pivot point is at 5.41.

Our preference: the downside prevails as long as 5.41 is resistance.

Alternative scenario: above 5.41, look for 5.57 and 5.67.

Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 5.29 and 5.33).

Supports and resistances:

5.67 **

5.57 *

5.41 **

5.34

5.27 last

5.07

4.97 **