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PANDA FINANCE

TRON / Dollar intraday: the downside prevails as long as 0.2524 is resistance

Trading Central 2025-05-06 10:30:04

The configuration is negative.

Our pivot point stands at 0.2524.

Our preference: the downside prevails as long as 0.2524 is resistance.

Alternative scenario: the upside breakout of 0.2524, would call for 0.2575 and 0.2605.

Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 0.2484 and 0.2487).

Supports and resistances:

0.2605 **

0.2575 *

0.2524 **

0.2504

0.2477 last

0.2416

0.2386 **