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PANDA FINANCE

TRON / Dollar intraday: as long as 0.2448 is support look for 0.2582

Trading Central 2025-05-08 10:30:05

The price could retrace.

Our pivot point stands at 0.2448.

Our preference: as long as 0.2448 is support look for 0.2582.

Alternative scenario: the downside breakout of 0.2448 would call for 0.2397 and 0.2366.

Comment: the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 0.2483 and 0.2466).

Supports and resistances:

0.2643 **

0.2612 *

0.2582 **

0.2551

0.2489 last

0.2468

0.2448 **