TRON / Dollar intraday: under pressure below 0.2680

Our pivot point stands at 0.2680.

Our preference: under pressure below 0.2680.

Alternative scenario: the upside breakout of 0.2680, would call for 0.2734 and 0.2766.

Comment: the RSI is below its neutrality area at 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the price stands below its 20 and 50 period moving average (respectively at 0.2648 and 0.2627).

Supports and resistances:

0.2766 **

0.2734 *

0.2680 **

0.2659

0.2625 last

0.2560

0.2528 **