TRON / Dollar intraday: as long as 0.2585 is support look for 0.2725

Our pivot point stands at 0.2585.

Our preference: as long as 0.2585 is support look for 0.2725.

Alternative scenario: below 0.2585, expect 0.2531 and 0.2499.

Comment: the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 0.2625 and 0.2615).

Supports and resistances:

0.2789 **

0.2757 *

0.2725 **

0.2693

0.2628 last

0.2607

0.2585 **